{"id":21068,"date":"2024-02-27T12:26:46","date_gmt":"2024-02-27T12:26:46","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=21068"},"modified":"2024-02-27T12:27:25","modified_gmt":"2024-02-27T12:27:25","slug":"breaking-cbn-offers-foreign-exchange-to-bdcs","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2024\/02\/27\/breaking-cbn-offers-foreign-exchange-to-bdcs\/","title":{"rendered":"JUST IN: CBN Offers Foreign Exchange to BDCs\u00a0"},"content":{"rendered":"<p>The Central Bank of Nigeria has once again started providing foreign exchange to Bureau de Change operators as a strategic step to increase liquidity and strengthen the naira against dishonest manipulators.<\/p>\n<p>This information was contained in a communique released on Tuesday, signed by the Central Bank\u2019s Director of Trade and Exchange Department, Hassan Mahmud.<\/p>\n<p>According to this notice, the sum of $20,000 will be sold to each BDC at the rate of $1,301, while BDC operators are expected to sell to end-users at a margin of not more than 1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Nigeria has once again started providing foreign exchange to Bureau de Change operators as a strategic step to increase liquidity and strengthen the naira against dishonest manipulators. This information was contained in a communique released on Tuesday, signed by the Central Bank\u2019s Director of Trade and Exchange Department, Hassan Mahmud. According [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":21070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177,173],"tags":[711,246,59],"class_list":["post-21068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-abuja-reports","category-business","tag-bdc","tag-cbn","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/21068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=21068"}],"version-history":[{"count":5,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/21068\/revisions"}],"predecessor-version":[{"id":21080,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/21068\/revisions\/21080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/21070"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=21068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=21068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=21068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}