- Currency traders in Nigeria have asked the Central Bank of Nigeria (CBN) to reduce the buying rate it sells the dollar to them
- The dealers said the current buying rate of N1.251 per dollar the bank sells to them does not allow them to make profits
- The development comes as the naira appreciated at N1,247 per dollar from the N1,250 it traded the day before
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Association of Bureaux de Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to reduce its buying rate for the US dollar to hasten recovery.
