BREAKING: CBN to sell $10,000 to BDC operators at N1,101/$

The Central Bank of Nigeria (CBN) has announced it will commence the sale of dollars to Bureau de Change operators.

This was disclosed in a circular seen on its website by DAILY POST.

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.

Details to follow…..