The Central Bank of Nigeria, in a circular uploaded to its website on Monday, announced the sales of dollars to Bureau De Change operators.
The statement read, ” We write to inform you of the sale of $10,000 by the CBN to BDCs at the rate of 1101/$. The BDCs are, in turn, to sell to eligible end users at a spread not more than 1.5 per cent of the purchase price.”
The apex bank said it is set to sell $10,000 to each Bureau De Changes at N1101 per dollar and directed the operators to sell at a spread not more than 1.5 percent above the CBN rate.
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