September 26, (THEWILL) – Nigeria naira set a new record on Tuesday, falling to N1,000 against the dollar at the parallel market, on confirmation of Dr Olayemi Cordorso as the new Central Bank of Nigeria (CBN) Governor by the Senate.
Currency traders in Lagos, also known as Bureaux De Change (BDC) operators, quoted the naira at N1,000/$ at the street market.
The Senate on Tuesday confirmed the appointment of Olayemi Cardoso as governor of the Central Bank of Nigeria (CBN).
The Senate President, Godswill Akpabio, announced confirmation of Mr Cardoso and the deputy governors of the CBN after they were cleared by a voice vote by senators at the plenary.
In response, the nominees pledged to reform the financial system of the CBN upon confirmation of their appointments.
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