The naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N431.
Mr Sylva said the massive crude theft was affecting Nigeria’s capacity to meet OPEC daily quota.
The naira on Thursday gained against the dollar at the investors and exporters window, exchanging at N428.12.
The American central bank raised interest rates by 75 basis points for the second time to combat the highest inflation rate recorded in over 40 years.
The figure represented an increase of 0.14 per cent compared with N426.58 it exchanged for the dollar on Wednesday.
“Today, quality bread has become the food for the rich and many bakers without consciences are using adulterated materials…”
The figure represented an appreciation of 0.01 per cent compared with N424.58 for which it exchanged for the dollar on Wednesday.
The naira depreciated against the dollar on Thursday at the Investors and Exporters Window to close at N425.05.
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N420.12.
The open indicative rate closed at N419.46 to the dollar on Wednesday.
