Nigeria Elections: Confusion as Google puts dollar at N184 despite parallel market’s N358

Dollar and naira notes

Nigeria Elections: Confusion as Google puts dollar at N184 despite parallel market’s N358

By Wale Odunsi

There is an apparent confusion on the social media following Google search result of the American dollar exchange to Naira.

Check at 8:15pm Nigerian time showed that the dollar was N184 on the search engine.

The development is trending on Twitter and has generated thousands of tweets.

Meanwhile, the Naira on Friday gained N1 to close at N358 to the dollar at the parallel market in Lagos.

The News Agency of Nigeria (NAN) reports that the naira traded stronger on the eve of elections than Thursday when it closed at N359 to a dollar.

The Pound Sterling was sold at N470 and the Euro at N408.

At the Bureau De Change (BDC) segment, the naira traded at N360 to the dollar, while the Pound Sterling and the Euro closed at N470 and N408.

Trading at the investors window saw the naira closing at N361.49 to the dollar as market turnover stood at 292.34 million dollars .

Traders said that the demand for the dollar was low as the market was already in an election mood.

Google-results