Bureau de Change (BDC) operators in Lagos, Abuja and Kano have been experiencing mixed fortunes owing to the recent forex unification policy of the Central Bank of Nigeria (CBN), Daily Trust reports.
The CBN had on June 14 announced the unification of all segments of the foreign exchange (FX) market, and the Naira. Checks by Daily Trust showed that on Friday, the dollar closed at N803.90 on the Investors and Exporters (I&E) window.
At the parallel market, it was exchanged for between N825 and N830 in Lagos on Saturday. In Abuja, it was sold between N810 and N812 while in Kano, it was exchanged for N820 at the weekend.
Read the full report on https://dailytrust.com/bdcs-record-boom-in-lagos-lull-in-abuja-kano/