The Central Bank of Nigeria (CBN) has said it does not sell foreign exchange to individuals or groups directly, clarifying that it sells forex in wholesale to banks who in turn resell to their customers at their discretion. The CBN’s clarification followed multiple tweets by the Peoples Democratic Party (PDP) on Saturday claiming that it sold foreign exchange to aides of President Muhammadu Buhari, at the official rate who then resold at the parallel market. CBN’s reaction was obtained and tweeted by the handle @UnofficialCBN, a twitter handle which “Publishes news & information about the Central Bank of Nigeria, Nigerian economy, monetary policies & the Naira, sourced from various news media.” The tweets said: CBN Source Reacts To PDP’s Tweets On Forex Sales…


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