Following an appreciation of 1.34 per cent, the Naira exchanged at N430 to the dollar.
There are at least 10,000 bureaux de change in Nigeria while the UK and the UAE have a combined 275 BDCs, says Nigerian economist Tope Fasua.
President Muhammadu Buhari says CBN governor Godwin Emefiele is serving in his regime at “a most challenging” period.
The association maintained that BDCs are empowered to source FX from other sources and also to provide various services to members of the public.
Speculators say the current rates would continue to change over the course of the week.