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CBN sells another $10,000 to BDCs at N1,101/$

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The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy

The Central Bank of Nigeria has again announced the sales of dollars to Bureau De Change operators.

It disclosed this in a circular uploaded to its website on Monday.

The apex bank said it is set to sell $10,000 to each BDCs at N1101/$ and directed the operators to sell at a spread not more than 1.5 per cent above the CBN rate.

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