Naira (NGN) vs Dollar (USD): Nigeria Currency Crumbles At Official Window

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Naijanews April 20, 2024 7:47 a.m.

Naira (NGN) vs Dollar (USD): Nigeria Currency Crumbles At Official Window

In a post via its official X handle on Thursday, the CBN said a circular claiming the apex bank announced the sale of $10,000 to BDCs at the rate of $1001/$1 was “fake”.

According to the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira dropped by 1.38 per cent as against the N1,154.08/$ traded on April 18..

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