• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Tuesday, July 8, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home Business

CBN extends FX sale period to Bureau de Change operators

Nathaniel Irobi by Nathaniel Irobi
February 4, 2025
in Business
0
CBN extends FX sale period to Bureau de Change operators
0
SHARES
9
VIEWS
FacebookTwitterWhatsappEmailTelegram

RelatedPosts

Naira Down to N1,565/$ in Parallel Market

NNPC Reduces Petrol Price to N910 per Litre in Abuja

H1: At -10.12%YtD, Oil & Gas Index Emerges Worst Performing Indicator on NGX

The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators until May 30.

This aims to better serve retail market demands.

The bank disclosed this in a circular, signed by Dr W. J. Kanya, Acting Director of the Trade and Exchange Department, to BDCs on Monday and made available on its website.

The circular, titled, “Sales of Foreign Exchange To BDCs To Meet Retail Market Demand For Eligible Invisible Transactions”, shifted the previous deadline of Jan. 31.

“We refer to our circular TED/FEM/PUB/FPC/001/030 dated December 19, 2024, which granted temporary access to existing BDCs to the NFEM for the purchase of FX from Authorised Dealers, subject to a weekly cap of USD 25,000.00.

“The expiry date of January 31, 2025 which was granted in the above mentioned circular has been extended to May 30, 2025.

“All other terms and conditions in the above mentioned circular remain unchanged,” the acting director said.

Kanya added that CBN remained committed to ensuring a fully functional foreign exchange market and would continue to provide liquidity to manage price volatility. (NAN)

ALSO READ:  TCN Cry Over Obstacles, Challenges Facing In South-East Region
Nathaniel Irobi

Nathaniel Irobi

Related Posts

Naira’s Appreciation Deepens, Gaining N12.34 Against Dollar

Naira Down to N1,565/$ in Parallel Market

by Nathaniel Irobi
July 8, 2025
0

The naira yesterday depreciated to N1,565 per dollar in the parallel market from N1,560 per dollar last weekend. Similarly, the...

NNPC Ltd Refutes Viral Claims of Contaminated Fuel Sold in Bottles and Jerrycans

NNPC Reduces Petrol Price to N910 per Litre in Abuja

by Nathaniel Irobi
July 7, 2025
0

The Nigerian National Petroleum Company (NNPC) Limited has announced a reduction in petrol prices in Abuja. According to The Cable's...

Transactions on Nigerian Stock Market Hit N3.4 Trillion in 5 Months

H1: At -10.12%YtD, Oil & Gas Index Emerges Worst Performing Indicator on NGX

by Nathaniel Irobi
July 7, 2025
0

The Nigerian Exchange Limited (NGX) Oil & Gas Index depreciated by 10.12 per cent in its half year (H1) 2025...

Recommended

RMAFC Boss Applauded for Bold Fiscal Reforms

RMAFC Boss Applauded for Bold Fiscal Reforms

6 days ago

Reps Advance Bill for Free Access to Internet in Public Places

5 days ago

Popular News

  • CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    CDS’s Wife, Shehu Sani, Katung, Other’s To Storm Pastor Mutum’s Ordination, Book Launch

    0 shares
    Share 0 Tweet 0
  • Bwari Council Chairmanship Aspirant, Dara, Dumps Labour Party Over Suspected Foul Play In Primaries

    0 shares
    Share 0 Tweet 0
  • Innoson, Ibeto, Apostle Alozie To Honour Archbishop Emma David At Golden Jubilee Celebration

    0 shares
    Share 0 Tweet 0
  • Kaduna Govt Unveils 345 Supervisory Councillors, Special Advisers Across 23 LGAs

    0 shares
    Share 0 Tweet 0
  • Bannon Tried to Use Iran Strike to Split the GOP Says Former Counselor to Jared Kushner, Eliyahu Okkon, Esq.

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (737)
  • Education (216)
  • Entertainment (310)
  • Health (193)
  • National (2,166)
  • News (8,115)
  • Opinion (296)
  • Politics (1,620)
  • Science (15)
  • Security (405)
  • Sports (436)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform