The official dollar to naira rate today Thursday 4th November for $1 dollar to naira =#414.49/$1.After it closed at #414.80 to $1 on Wednesday 3rd November 2021.
According to data from FMDQ as at Thursday morning November 4th 2021,forex turnover stands at $133.37 million.
The central bank of Nigeria has advanced reasons why e-Naira is better than cryptocurrencies.
Meanwhile e-naira,Nigerian digital currency was launched at the state house in Abuja by president mohammadu Bihari on 28th October 2021.
Nnamdi okwuosa the CBN director of corporate communication stated that the e-Naira is legal tender and backed by a sovereign nation and CBN will always be there to guide users against failing into danger.He also added that the e-Naira is not a threat and Nigerians should listen to and follow the guidance of the apex bank.