Naira falls to 302 naira per Dollar

The naira extended its decline against the United States dollar on Wednesday, falling to 302 at the parallel market, down from 300 on Tuesday.
The currency had sunk to a record low of 300 per dollar at the parallel market on Tuesday, a day after the Central Bank of Nigeria stopped dollar sales to Bureau De Change operators.
The exchange rate of the naira to the greenback stood at 199.45 at the official interbank market on Wednesday, according to data obtained from the FMDQ OTC Securities Exchange.