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Tag "Bureaux De Change (BDCs)"

CBN directs banks to establish teller points for legitimate FX requests

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points to meet legitimate foreign exchange (FX) demands. This development comes after the apex

Exempt us from VAT, bank charges… BDCs list how to make naira stronger

The Association of Bureaux De Change Operators of Nigeria (ABCON) says exemption from value added tax (VAT) and removing or reducing minimum bank charges on their operations will help improve

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