Advertisement

'We only sell foreign exchange in wholesale to banks'

___4731915___https:______static.pulse.com.gh___webservice___escenic___binary___4731915___2016___2___26___10___CBN
___4731915___https:______static.pulse.com.gh___webservice___escenic___binary___4731915___2016___2___26___10___CBN
Following PDP’s accusations, the Central Bank of Nigeria has denied claims that it sells foreign exchange to individual and/or groups.
Advertisement

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

Advertisement

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;

Advertisement