CBN Offers Special Intervention to BDC Operators

Tuesday, February 03, 2015 3.30PM/CBN

This is to inform all licensed BDC operators that in order to improve the liquidity in the BDC segment of the Foreign Exchange Market, the Central Bank of Nigeria will be intervening in the market by selling USD 30,000.00 to interested BDCs on Friday 06, February 2015. This is in addition to the weekly sales to the operators.

Interested BDC operators are therefore advised to fund their accounts on or before Wednesday 04, February 2015 to accommodate the proposed intervention of Friday 06, 2015.