Central Bank of Nigeria (CBN) and banks agreed on Tuesday to increase the amount of weekly dollar sales from banks to the Bureau De Change (BDC) operators from $30,000 to $50,000, in a new measure to spur liquidity and help the local currency. The CBN had last month directed agent banks of approved
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp