CBN Offers Dollar Sales to BDC Operators at N1,101 per Dollar

“CBN Sets Dollar Sale Rate to BDC Operators at N1,101/$”In a recent announcement, the Central Bank of Nigeria (CBN) revealed its decision to sell dollars to Bureau De Change (BDC) operators at a rate of N1,101 per one dollar. According to a circular published on its website, the apex bank instructed operators to adhere to a spread of not more than 1.5 percent above the purchase rate.