… As Naira hits two-year high of N1,348.95 in official market The widening exchange rate gap between Nigeria’s official and parallel markets is expected to narrow after the Central Bank of Nigeria (CBN) reopened access to the official foreign exchange market for more than 80 licensed Bureaux De Change, following a BusinessDay report highlighting the growing divergence. BusinessDay had reported that the gap between the official and parallel market rates widened to over N90, the largest spread since President Bola Tinubu liberalise
… As Naira hits two-year high of N1,348.95 in official market The widening exchange rate gap between Nigeria’s official and parallel markets is expected to narrow after the Central Bank of Nigeria (CBN) reopened access to the official foreign exchange market for more than 80 licensed Bureaux De Change, following a BusinessDay report highlighting the growing divergence. BusinessDay had reported that the gap between the official and parallel market rates widened to over N90, the largest spread since President Bola Tinubu liberalise