- The naira rallied against the dollar in the official foreign exchange market on Friday, March 1, 2024
- The Nigerian currency, however, lost about N100 and depreciated by 6.67% to trade at N1600 per dollar in the parallel market
- The development follows the revocation of licenses of 4,173 Bureau de Change operators in Nigeria
Legit.ng’s Pascal Oparada has reported Tech, Energy, Stocks, Investment and the Economy for over a decade.
On Friday, March 1, 2024, the Nigerian currency reversed days of gains at the parallel market and crashed to N1,600 per dollar.
