The naira suffered a further setback at the parallel market and Investors and Exporters forex window on Tuesday.
According to figures obtained from Bureau De Change operators, the naira exchanged to the dollar for 473/$ at the parallel market.
It had earlier gained in recent times after it closed the year 2020 at 467/$.
At the I&E window, the naira fell by 0.17 per cent to close at 394/$ on Tuesday.
It reached a low of 401 at the I&E window at the close of 2020.
The Central Bank of Nigeria however maintained the official exchange rate at N379/$ on its website.
The Association of Bureaux De Change Operators of Nigeria recently appealed to the CBN to make BDCs payout agents for diaspora remittances.
The President, ABCON, Alhaji Aminu Gwadabe, said the apex bank should leverage the over 5,000 licensed BDCs across the country to get dollars seamlessly to beneficiaries.
Gwadabe said this would help in providing a more convenient channel for Nigerians in the diaspora to remit funds back to the country to boost economic development.
The acting Executive Secretary of the National Universities Commission, Chris Maiyaki, said, on Wednesday, that…
Former President Olusegun Obasanjo has voiced his backing for the current movement advocating that Nigeria…
The Economic and Financial Crimes Commission, on Wednesday, arraigned the immediate-past Governor of the Central…
The pathologist, who conducted an autopsy on the body of late singer, Ilerioluwa Aloba, AKA…
The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said the move…
The Nigeria Medical Association has reaffirmed its stance against euthanasia, otherwise called mercy killing, emphasising…
This website uses cookies.