CBN Approves $10,000 Sale To Bureaux De Change At N1,251/$1 Exchange Rate
CBN approves sale of $10,000 to each BDC at N1,251/$1 rate. Circular directs BDCs to sell to eligible users with a spread of not more than 1.5% above purchase price. Second tranche of foreign exchange sale to eligible BDCs authorized by the apex bank. The Central Bank of Nigeria (CBN) has sanctioned the sale of … Read more