Naira's woes continue for the second week as legitimate operators of Bureau De Change, BDC, await the Central Bank of Nigeria's intervention. FMDQ data showed that the naira dipped to N1520.40 per dollar on Tuesday from N1478.11. This represents N42.29 depreciation against the dollar in the official market compared to N1478.11 traded on Monday.
Naira's woes continue for the second week as legitimate operators of Bureau De Change , BDC, await the Central Bank of Nigeria's intervention.
data showed that the naira dipped to N1520.40 per dollar on Tuesday from N1478.11. This represents N42.29 depreciation against the dollar in the official market compared to N1478.11 traded on Monday. Similarly, in the parallel market section, the naira dropped to N1520 per dollar on Tuesday, compared to N1500 the previous day. The combined data showed that the margin between official and parallel foreign exchange markets stood at N0.40 on Tuesday.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bureau De Change operators disappear from major streets as EFCC operatives continue raidsA Trusted Nigerian Newspaper
Read more »
17 people in police net for allegedly operating illegal Bureau de ChangeThe police have arrested 17 suspected forex hawkers for illegal operation of Bureau de Change in Wapa area of Fagge Local Government Area of the state. The Commissioner of Police, Mr Usaini Gumel, made this known to NAN on Wednesday.
Read more »
Police arrest 17 for allegedly operating illegal bureau de changeThe Nation Newspaper Police arrest 17 for allegedly operating illegal bureau de change
Read more »
17 people in police net for allegedly operating illegal Bureau de ChangeThe police have arrested 17 suspected forex hawkers of unlawful operation of Bureau de Change in Wapa area of Fagge Local Government ...
Read more »
17 people in police net for allegedly operating illegal Bureau de ChangeThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »
17 in police net for allegedly operating illegal Bureau de ChangeThe police have arrested 17 suspected forex hawkers for illegally operating a Bureau de Change in the Wapa area of Fagge Local Council of Kano State.
Read more »