The naira has crashed further against the dollar, exchanging at N490/$ at the parallel market on Thursday.
The official exchange rate website of the Central Bank of Nigeria for the Bureau de Change operators, naijabdcs.com indicated that the Naira was bought and sold at N488/490 to the dollar as yesterday (Thursday) evening.
The rate had been N483 in the previous week.
It would be recalled that the apex bank recently adopted the NAFEX Investor & Exporter forex window rate of N410.25 as its official exchange rate to the dollar.
This new rate was officially confirmed on its website on Monday night, after it had removed N379/$.
In April 2017, the CBN established the I&E forex window as part of efforts to deepen the foreign exchange market and accommodate all forex obligations.
