Cancel Preloader
Please enter CoinGecko Free Api Key to get this plugin works.

Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

 Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

 

The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licenses. The bank’s director for risk management stated that street trading of foreign exchange is now […] 

Related post

Leave a Reply

Your email address will not be published. Required fields are marked *