. CBN sells $10,000 twice weekly to BDCs and has sold over $1 billion since September 7 when it resumed intervention The Central Bank of Nigeria (CBN) has devalued Naira to N392 per Dollar, directing bureau de change operators in the country not to sell dollars higher than the benchmark to end users. In a circular signed by O.S. Nnaji, director of trade and exchange at the CBN, and expectec to take effect from November 30 to December 14, 2020, the apex bank said the volume of sales for each…
Read MoreNigeria’s Apex Bank, CBN, Devalues Naira To 392/Dollar, Sells $1bn to BDCs
