The Naira sank lower, both at the Investors and Exporters forex window and parallel market on Tuesday.
The Naira exchanged at the parallel market for ₦473/$1, this is according to the figures collected from Bureau De Change operators at the parallel market.
The local currency gained some value after it ended in 2020 at ₦467/$1
Similarly, the Naira suffered a decline at the I&E window, shedding 0.17 percent to close at 394/$ on Tuesday.
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It reached a low of 401 at the I&E window at the close of 2020.
The Central Bank of Nigeria however maintained the official exchange rate at N379/$ on its website.
The Association of Bureaux De Change Operators of Nigeria recently appealed to the CBN to make BDCs payout agents for diaspora remittances.
