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Nigeria Interbank Settlement System

How BDCs are unlocking BVN validation potential, restoring sanity in forex market

BDCs

There is no gainsaying about the positive effects of the Nigeria Interbank Settlement System (NIBSS’s) Bank Verification Number (BVN) validation portal in helping Bureaux De Change Operators (BDCs) in ascertaining the genuineness of BVNs of customers wanting to buy forex. MOTOLANI OSENI examines the impacts of the measures on the foreign exchange, as well as […]