By Aduragbemi Omiyale In a bid to address fresh concerns from the recent decline in the value of the Naira to the US Dollar in the official market, the Central Bank of Nigeria (CBN) has announced the sale of foreign exchange (FX) to Bureaux De Change (BDC) operators in the country. A circular dated April 22, 2024, signed by the Director of Trade and Exchange Department of the CBN, Mr Hassan Mahmud, disclosed that $10,000 was sold to each of the forex traders at N1,021/$1. The BDC operators, about 1,583, are expected to exchange the Naira for the Dollar to
CBN Sells Dollar to BDC Operators at N1,021 to Ease Fresh Concerns
