CBN 'We only sell foreign exchange in wholesale to banks'

Following PDP’s accusations, the Central Bank of Nigeria has denied claims that it sells foreign exchange to individual and/or groups.

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Following PDP’s accusations, the Central Bank of Nigeria has denied claims that it sells foreign exchange to individual and/or groups.

The apex bank stated that it only sells the foreign exchange in wholesale to banks, which then sells to the public at their discretion.

The People’s Democratic Party (PDP) on Saturday, March 26 tweeted that the apex bank sold foreign exchange to aides of President Muhammadu Buhari less than the official rates.

See CBN’s tweets below;

 

 

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