HAPPENING NOW:CBN Sells $10,000 to BDCs at N1,101/$, Orders BDCs to Sell at 1.5% Rate

The Central Bank of Nigeria (CBN), has again announced the sales of dollars to Bureau De Change operators.

It was contained 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.