To Boost Liquidity, CBN is Offering BDCs $30,000 Each On Friday
- The Central Bank of Nigeria has confirmed it will be selling $30,000 each to BDC operators numbering over 2,500 in an effort to improve liquidity.
- It announced this via a circular issued February 3, 2015
- The sale of forex to the BDC’s will be made on Friday, February 6th 2015
- Interested BDCs are expected to fund their accounts before Wednesday February 4th.
- See Circular