xbitarena.com findings from the Bureau De Change (BDC) operators revealed that although the exchange rate has not improved so much from what was obtainable before now, their customers have not stopped patronising them for foreign exchange purposes. The operator who pleaded anonymity, informed that although the pace of the patronage has reduced, “they still come here to exchange money and for two days now, it has been N324 to one dollar.
” Speaking also on the state of the economy, the operator stated that they are not sure of any improvement, but remain optimistic with the recent trends of currency fluctuation. “We just hope for the best in the coming days since the naira has gathered a little momentum against the dollar in the past two-three days,”
he noted. Meanwhile, MoneyGram’s ex-country director, Mrs Joke Giwa, has called for collaboration between the Nigerian government and Nigerians in the diaspora to improve the country’s foreign reserves.
Mrs Giwa, who made the call at an international conference where she was spotted by journalists, said: “It is believed that an increased collaboration between the various diaspora organizations and the formal sectors of government (especially the financial sector) will result in increased foreign exchange inflow from Nigerian diaspora into the country.”