The Central Bank of Nigeria (CBN) on Monday announced the sale of dollars to Bureau de Change operators.
In a statement signed by Dr. W.J. Kanya and uploaded to the apex bank’s website, it said it was 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.”
The apex bank has urged all BDC operators to continue to abide by the stipulated rules and conditions.
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