The Central Bank of Nigeria (CBN) announced on Monday that it had sold dollars to Bureau De Change operators.
Naija News reports that CBN disclosed this in a circular uploaded to its website on Monday.
The apex bank said it is set to sell $10,000 to each BDC at N1101/$ and directed the operators to sell at a spread not more than 1.5 percent above the CBN rate.
More details later…
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