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…