CBN Speaks On Selling Forex To BDCs At ₦1,001/$1

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Naijanews April 18, 2024 4:06 p.m.

CBN Speaks On Selling Forex To BDCs At ₦1,001/$1

“ALL eligible BDCs are therefore directed to commence payment of the Naira deposit to the underlisted CBN Naira Deposit Account Numbers from today Monday, April 17, 2024, and submit confirmation of payment with other necessary documentation for disbursement at the appropriate CBN branches.” In a post via its official X handle on Thursday, the CBNsaid a circular claiming the apex bank announced the sale of $10,000 to BDCs at the rate of $1001/$1 was “fake”..

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