Naira Slumps Further Against Dollar…See Latest Exchange Rate




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Nigerian has crashed against the dollar at the rate on .

Punch reported that the exchanged 473/$ at the parallel .

It had earlier gained in recent times after it closed the year 2020 at 467/$.

At the &E window, the fell by 0.17 per cent to close at 394/$ on .

It reached a low of 401 at the &E window at the close of 2020.

The Central Bank of Nigeria however maintained the official rate at N379/$ on its website.

The Association of Bureaux De Change Operators of Nigeria recently appealed to the CBN to BDCs payout agents for diaspora remittances.

The , ABCON, Alhaji Aminu Gwadabe, said the apex bank leverage the 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 back to the country to boost economic .

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