CBN to Sell $20,000 to Each BDC at N1,450/$
The Central Bank of Nigeria (CBN) has announced that it will sell $20,000 to each Bureau De Change (BDC) at a rate of N1,450 per dollar. This rate is based on the lowest trading rate from the previous day. Aliyu Mahdi, the Acting Director of Trade and Exchange at the CBN, explained that the bank…