NewStats: 3,264,411 , 8,183,651 topics. Date: Tuesday, 10 June 2025 at 11:59 PM ab3u

The Central Bank of Nigeria (CBN) has denied selling foreign exchange (FX) to bureau de change (BDC) operators at the rate of N1,001/$1.

CBN, in a post on X on Thursday, said a circular claiming the apex bank announced the sale of $10,000 to BDCs at the rate of N1,001/$1 was “fake”.

According to the circular, the BDCs are required to sell to eligible end s with a margin of no more than 1.5 percent above the buying cost.

“We write to inform you of the sale of $10,000 by the Central Bank of Nigeria (CBN) to BDCs at the rate of N1001/$1,” the circular reads. The BDCs are in turn to sell to eligible end s at a spread of NOT MORE THAN 1.5 percent above the purchase price.

“ALL eligible BDCs are therefore directed to commence payment of the Naira deposit to the underlisted CBN Naira Deposit Numbers from today Monday, April 17, 2024, and submit confirmation of payment with other necessary documentation for disbursement at the appropriate CBN branches.”

Denying the content, CBN urged Nigerians to always refer to its website for authentic information.

https://www.thecable.ng/fake-news-alert-cbn-denies-selling-fx-to-bdcs-at-n1001-1/amp/

After depleting our foreign reserves

So who do the nation believe in now? Why is nothing straightforward with government in this nation?

Agbado propaganda in the mud

vowiski:
After depleting our foreign reserves

You mind these fraudulent people in government.

Racoon:
So who do the nation believe in now? Why is nothing straightforward with government in this nation?

Wetin government come do for inside this fake news now? They just issued a disclaimer that it is a fake content, if you can't accept that then you can do anything you like.

Thïefnubu's Govt and propaganda are like... 😂

Dollar no gree come down.

They have been caught up in their own propaganda.

Some idiots are deliberately trying very hard to sabotage the economy with fake news.

Yet to see where the official rate is N1,000 it was N1034 or so yesterday...

Racoon:
So who do the nation believe in now? Why is nothing straightforward with government in this nation?

It's the handiwork of the Obidient headless mob. They are doing everything possible to try and create confusion and sabotage the economy because their agulu messiah lost the election.

Same way they were bitter about the progress of the Coastal Highway.

Racoon:
You mind these fraudulent people in government.

Aren't you tired of this recycle screenshot?

How much debt have we serviced?

How much have the states been receiving as monthly Oyel money since government stopped paying fuel subsidy? This week alone, the foreign reserved increased by $600m according to CBN governor which more inflow expected

Where do all the increase in different ministry come from?

Make una stop this cheap propaganda.

You all are mad and keep getting mad

Inukwa ooooo

Nothing new.
I knew all along that it was propaganda as usual.

Propaganda govt.

And it took them so long to deny it? I don't believe the government.

And the zombies are just whining on my mention like children that their biscuits were collected from them. You are calling sane people names. A government who have long made lies and propaganda official policies of government?

helinues:
Yet to see where the official rate is N1,000 it was N1034 or so yesterday...

I'll sell you at 600/ dollar.

Okay

All of you that are enemies of Nigeria and wish she fails ,
All of una no go ever die well.
That hatred that your fathers to una , na him go kill una pigs finish.
Animals

helinues:


Aren't you tired of this recycle screenshot?

How much debt have we serviced?

How much have the states been receiving as monthly Oyel money since government stopped paying fuel subsidy? This week alone, the foreign reserved increased by $600m according to CBN governor which more inflow expected

Where do all the increase in different ministry come from?
P
Make una stop this cheap propaganda.

It's deliberate. They won't stop, they won't even slow down.

Camera quality can make some people look like you're not in their class, until you meet them in person

Propagandists at work. Propaganda that Obi ers can not do does not exist. They are desperate as they clutch at strays seeing Tinubu is working towards fulfilling his promises to Nigerians. They will eventually be disgraced

alanto:

It's deliberate. They won't stop, they won't even slow down.

.
You are right.
They are so stupid

Tinubu government is turning out better than I thought.... Dem no dey lie like d previous istration

Tinubu and his band of clueless associates have nothing to offer aside from propaganda, lies and balablu

Alright

Georgry:



Wetin government come do for inside this fake news now? They just issued a disclaimer that it is a fake content, if you can't accept that then you can do anything you like.

They are set of zombies,simple read and understand they can’t.

Georgry:



Wetin government come do for inside this fake news now? They just issued a disclaimer that it is a fake content, if you can't accept that then you can do anything you like.

So it could be one of the agbado propagandists trying to make the cbn look good