The Nigerian naira exchanged to the dollar at 1,233/$ on Monday at the parallel market, according to Bureau de Change operators amid the Christmas celebrations across the country.
Some BDC operators who spoke our reporters disclosed that the local currency which was bought and sold at 1,228/$ and 1,233/$ had traded at the same rate on Friday.
Figures obtained from Abokifx showed that the Pound Sterling was bought and sold at 1,550/ £ and 1,565/ £, while Euro was 1,290/€ and 1,305/€ respectively.
A BDC operator in Lagos, Kamarudeen Ibrahim, said, ‘The naira traded at 1,220/$ a week earlier, but weakened to 1,233/$ by the end of the week.’
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However, on the Investor & Exporter forex window, the naira appreciated slightly on Friday, according to figures obtained from the FMDQ.
The local currency which closed at 889.63/$ on Thursday, appreciated slightly by 0.42 per cent or N3.75 to close at 885.88/$ on Friday.
Trading commenced at the official market at N915/$ and reached a high of N1,248/$ before closing at N885.88. The market recorded a total turnover of $92.16m on Friday.
In another report, some yet-to-be-identified armed groups yesterday killed no fewer than 160 people in Plateau State in a series of attacks on villages, local government officials have confirmed.
In a region that has been beset by religious and ethnic strife for numerous years, the toll was a significant increase from the initial figure announced by the army on Sunday evening, which was just 16 dead.
‘As many as 113 persons have been confirmed killed as Saturday hostilities persisted to early hours of Monday,’ Monday Kassah, head of the local government in Bokkos, Plateau State, told reporters.
Military gangs, locally called ‘bandits’, launched “well-coordinated” attacks in “not fewer than 20 different communities” and torched houses, Kassah said.