Google Suggests One Dollar Now ₦184 Ahead Presidential Election

One dollar is now exchanging at ₦184, Google Currency, a software code that is designed to convert one currency into another in order to check its corresponding value, showed on Friday.

Naija News understands that the ₦184 to $1 is just a glitch in Google’s software.

The Central Bank of Nigeria (CBN), Nigeria’s apex bank, sold the greenback to Bureau De Change (BDC) operators at ₦357 per dollar on Friday.

This online news platform understands that the naira gained ₦1 to close at ₦358 to the dollar at the parallel market in Lagos, Nigeria’s commercial city on Friday.

The naira traded stronger on the eve of elections than Thursday when it closed at ₦359 to a dollar.

On the other hand, the Pound Sterling was sold at ₦470 and the Euro at ₦408.

Similarly, the naira traded at ₦360 to the dollar at the Bureau De Change (BDC) segment, while the Pound Sterling and the Euro closed at ₦470 and ₦408.

Trading at the investors’ window saw the naira closed at ₦361.49 to the dollar as market turnover stood at 292.34 million dollars.

Meanwhile, Naija News reports that the traders said that the demand for the dollar was low as the market was already in an election mood.

Nigeria’s Presidential election is scheduled to hold Saturday, February 23 after the Independent National Electoral Commission (INEC) moved it from its earlier scheduled date of February 16.