The Central Bank of Nigeria has once again announced the sale of dollars to Bureau De Change operators, selling $10,000 at a rate of N1,101/$. This move follows previous sales in March, where the rate was set at N1,251/$. The BDCs are directed to sell to eligible customers with a spread not exceeding 1.5% above the CBN rate. This decision comes after an appeal from the Association of Bureau De Change Operators of Nigeria to adjust the exchange rate below N1,251/$. The CBN also directed BDCs to commence depositing naira into designated CBN accounts from April 8, 2024.