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The CBN reinstated the foreign exchange purchase limit for Bureau De Change operators under a new regulatory frameworkThe CBN has also introduced the FX BDC purchase tracker platform to allow real-time monitoring of dollar transactions BDC operators who leave purchased forex unused face sanctions, including forfeiture of funds and suspension of access to the official forex market
The Central Bank of Nigeria (CBN) has maintained its $150,000 weekly foreign exchange purchase ceiling for Bureau De Change (BDC) operators, publishing new operational guidelines that govern how licensed BDCs can access dollars through authorised dealer banks in the Nigerian Foreign Exchange Market (NFEM).
The regulatory guidance, addressed to authorised dealer banks and licensed BDC operators, details the procedures for implementing a February 10, 2026 circular that restored BDC access to the official foreign exchange market.
CBN retains weekly dollar purchase cap for BDCs under new forex guidelines Photo: BloombergSource: Getty Images
How the New Framework Works
According
