ABUJA FCT – The Central Bank of Nigeria (CBN) has approved the sales of FX to eligible Bureau De Changes to meet the demand for invisible transaction. The sum of $20,000 each is to be sold the BDCs operating in the country at the rate N1,450/$, the circular released by CBN dated 18th July 2024 said.
The decision announced in a statement by the bank triggered a 2.5% gain in the currency.
