March 27, 2017/CBN Tweet

#CBN to sell #FOREX to banks at N357/$1, while banks will sell to their customers at N360/$1 for invisibles (BTA, medicals, fees, etc)

Isaac Okoroafor, acting director, Corporate Communication of the CBN in a telephone chat with InvestAdvocate said Banks can even sell below; maybe at N358/$1 of N359/$1 and still breakeven.

1. #CBN to sell #FOREX to banks at N357/$1, while banks will sell to their customers at N360/$1 for invisibles (BTA, medicals, fees, etc)

— Central Bank of Nigeria (@cenbank) March 27, 2017