Home Business CBN sells $10,000 to BDC operators at N1,101/$

CBN sells $10,000 to BDC operators at N1,101/$

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CBN sells $10,000 to BDC operators at N1,101/$

The Central Bank of Nigeria (CBN) has announced it will once again sell dollars to bureau de change operators

CBN sells $10,000 to BDC operators at N1,101/$
CBN sells $10,000 to BDC operators at N1,101/$

This was disclosed in a circular seen on its website.

The CBN 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.

 

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