Browsing: Bureau de Change

Arbitrary decisions influenced choices of leaders, often creating big gaps leading to the emergence of leaders who have little or no capacity to meet public expectations. This reality further entrenches problems of accountability, with many leaders flagrantly converting public resources to personal wealth. Mainly because leadership recruitment based mainly on consideration of loyalty is not a function of commitment to principles or values, even where so-called loyalists succeed current leaders, problems of political disagreements between past and current leaders continue.

The News Agency of Nigeria reports that the Naira exchanged at N439 to a dollar at the parallel market in Lagos, while Pound Sterling and the Euro closed at N580 and N495 respectively.

The Association of Bureau De Change Operators of Nigeria on Saturday commended the Central Bank of Nigeria on its efforts at ensuring the stability of the naira.