The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change operators (BDCs), informing them of the sale of $10,000 to each BDC at a rate of N1,101/$1, NairaMetrics is reporting. The CBN disclosed this in a circular, titled, ‘Sales of FX to Meet Retail Market...
Nigerians saving their dollars hold their handkerchiefs as CBN sells dollars to BDCs below market rate at N1,101/$1












