BREAKING: Again, CBN sells $10,000 at N1,101/$ to BDCs

The selling of dollars to Bureau De Change operators has once again been confirmed by the Central Bank of Nigeria.

It disclosed this in a circular uploaded to its website on Monday.

The apex bank said it is set to sell $10,000 to each BDCs at N1101/$ and directed the operators to sell at a spread not more than 1.5 per cent above the CBN rate.

Details later…

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