See CBN new exchange rate pricing limit for BDC operatos in Nigeria

  • After a two-year ban, the Central Bank of Nigeria has resumed sales of dollars to BDC operators in the country
  • The latest decision is part of the apex bank’s move to ensure there is enough liquidity in the market
  • It will not be business as usual for BDC operators, as the CBN has set a limit on how a dollar will be priced

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Central Bank of Nigeria (CBN) has resumed the sale of dollars to Bureau De Change (BDC) operators in the country.