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Just In: CBN Sells Dollars At N380/USD

CBN Governor, Godwin Emefiele.

The Central Financial institution of Nigeria (CBN) has made an alteration to the value of greenback gross sales.

In a communique to all banks and Bureau De Change on Friday, the CBN suggested that the BDC to end-user gross sales of the Greenback shouldn’t be greater than N380/1USD.

That is the very best official trade price between the greenback and naira in over two years suggesting a devaluation may be within the pipeline.

READ ALSO: Coronavirus: CBN Set To Inject N1trn Into Nigerian Economic system

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