{"id":114361,"date":"2024-03-27T21:38:10","date_gmt":"2024-03-27T20:38:10","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/dollar-not-selling-at-n1000-1-bdcs"},"modified":"2024-03-28T00:09:24","modified_gmt":"2024-03-27T23:09:24","slug":"dollar-not-selling-at-n1000-1-bdcs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/dollar-not-selling-at-n1000-1-bdcs","title":{"rendered":"Dollar not selling at N1,000\/$1 \u2013 BDCs"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The dollar is not selling at N1,000\/$1, Bureau De Change, BDC, operators have said<\/p>\n<p>On Wednesday, a post on X (formerly Twitter) went viral with news that the dollar is now selling at N1,000 at the parallel market.<\/p>\n<p>\u201cThis morning, at Zone 4 Abuja, along the Sheraton Hotel, the dollar is selling at N1,000 \u2013 $1. Abdulsalam BDC is selling N900 if buying over $5,000.<\/p>\n<p>\u201cThere\u2019s a mad rush to dispose of dollars at Zone 4. The dollar in the parallel market is presently selling at a lower price than the official market,\u201d it read.<\/p>\n<p>However, Baba Isa Fagge, one of the BDCs in Abuja has debunked the report.<\/p>\n<p>\u201cDollar is selling at N1,280\/$1. It is not N1,000,\u201d Fagge told DAILY POST.<\/p>\n<p>Recently, the Central Bank of Nigeria, CBN, offered to sell $10,000 to each BDC operator at N1,251\/$.<\/p>\n<p>The apex bank has warned the BDCs not to sell above N1,269\/$.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The dollar is not selling at N1,000\/$1, Bureau De Change, BDC, operators have said On Wednesday, a post on X (formerly Twitter) went viral with news that the dollar is now selling at N1,000 at the parallel market. \u201cThis morning, at Zone 4 Abuja, along the Sheraton Hotel, the dollar is selling [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":114359,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,5837,1621,254],"class_list":["post-114361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-bdcs","tag-dollar","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dollar not selling at N1,000\/$1 \u2013 BDCs - 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