The Central Bank of Nigeria (CBN) has resumed the sale of foreign exchange to all commercial banks for onward sales to parents wishing to pay schools fees and operators of small and medium scale enterprises wishing to make essential imports needed to revamp economic activities across the country.

The central bank disclosed this in a statement signed by its Director, Corporate Communications ISAAC OKORAFOR.

The decision was arrived at, in view of the gradual easing of the COVID-19 lockdown both globally and in Nigeria.

The statement added that the CBN has also made complete arrangements to resume foreign exchange sales to the Bureau De Change segment of the market for business travels, personal travels, and other designated retail uses, as soon as international flights resume.