The naira appreciated massively against the dollar at the official foreign exchange market.
FMDQ data showed that the naira appreciated to N1,339.33 per dollar on Monday, compared to N1,482.81 on Friday.
This represents N143.48 gain compared to the N1, 482.81 traded last Friday.
Accordingly, this is the second time the naira has appreciated against the dollar since last week.
Meanwhile, the naira depreciated to N1,520 per dollar on Monday from N1,510 on Friday at the parallel market.
The developments come amid the recent guidelines the Central Bank of Nigeria issued to Bureau De Change operators to reapply for licences.
Meanwhile, the Association of Bureaux De Change in Nigeria, ABCON, in a statement by its President, Aminu Gwadabe, asked the apex bank to review its minimum capital requirement for its members.
Forex: Naira begins week with massive appreciation against dollar
