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Saturday, February 23, 2019

One Dollar Is NOT N184 As Google Implies

Google Currency is currently showing that one dollar is going for N184, but this is just a glitch in its software. The Central Bank of Nigeria sold the greenback to bureau de change (BDC) operators at N357 per dollar on Friday, The Cable reports.

Musa Ibrahim, a BDC operator, who spoke to TheCable from Lagos Island, said he bought $20,000 from the CBN at 357 per dollar.

“We collected from CBN today at the rate of N357, and each BDC operator is entitled to $20, 000,” he said.


Two members of staff at Google, who spoke off the record, confirmed to TheCable that this was just a bug, that is currently being fixed by the search giant.

According to Bloomberg currency rate, the dollar is currently trading at N361.8, with the local currency gaining N1.75 against the greenback.

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