The Central Bank of Nigeria (CBN) on Monday has offered to sell dollars to Bureau De Change (BDC) operators at the rate of N1,101 per one dollar just as it announced the sales of $10,000 each to Bureau De Change operators. According to a circular uploaded to its website on Monday, ...

Financial experts say the naira may hit N2000 to a dollar exchange mark in a matter of months considering how the currency continues to depreciate both at the official and parallel markets despite efforts being made by the Central Bank of Nigeria (CBN).The naira was N1,120/$ on December 31, ...