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Amid the continued fluctuation of the Naira against the US dollar in the foreign exchange market, the Central Bank of Nigeria says it is considering stopping street trading, among other fresh guidelines, to Bureau De Change Operators in Nigeria. The apex bank disclosed this Friday in its draft Revised Regulatory and Supervisory Guidelines for Bureau De Change Operations in Nigeria. CBN plans to fix the minimum per capital share for Tier 1 and 2 BDC licenses to 2 billion and 500,000 million, respectively. This is a move away from the previously N35 million per capital share for general license….

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