An exchange rate of N444.00 to $1 was the highest rate recorded within the day’s trading before it settled at N420.27.
The decline of 1.97 per cent was as a result of losses in large stocks such as Dangote Cement, WAPCO, GTCO and Oando.
An exchange rate of N444.00 to $1 was the highest rate recorded within the day’s trading before it settled at N418.88.
This represents a -0.24 per cent appreciation, stronger than N419.00 it traded on April 29.
Mr Buhari urged entrepreneurs in the country and foreign investors to focus on areas that would leave lasting legacies of transforming lives.
The presidential aspirant said his experiences running businesses and governing a state were enough to change Nigeria’s fortunes.
The former Abia governor said only him – with 13,000 workers across the country – has the public service experience and capacity to rebuild Nigeria.
Despite not stating the reason for the action, it is believed the bank took the decision to cushion the effect of the increasing cost of diesel with which it powers many of its branches.
The apex bank’s governor, Godwin Emefiele, also urged NNPC to take steps to ensure supply of petroleum products.
President Muhammadu Buhari’s realignment of its economic development strategies and methodologies will build bridges for many Nigerians to come out of poverty.
