•CBN Governor Godwin Emefiele. |
The Central Bank of Nigeria,CBN, reportedly has
directed all banks in the country to immediately begin sale of forex
for BTA, PTA, Tuition and Medical fees to customers at not more than
N360 per dollar.
CBN Acting Director, Corporate
Communications Department, Isaac Okorafor, confirmed this Monday
morning in Abuja.
He said: “CBN will sell to banks at
357 naira per dollar. Banks are to post the new rates in the banking
halls of their branches immediately. CBN will send examiners to banks
to ensure the new rates are implemented. Banks are prohibited from
selling FX funds meant for invisibles to BDCs.”
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