The reduction in the volume of forex sales to bureau de change (BDCs) operators by the Central Bank of Nigeria (CBN) may lead to short term pressure on dollar supply and naira depreciation at the parallel market, analysts have said.
The apex bank, in an effort to mitigate observed deficiencies in th
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more