The Nigerian currency was unchanged at 162.95 naira at Monday's market close, after the regulator asked banks for bids to sell the greenback in a move to quell dollar shortages and support the naira, dealers said.
The local unit opened at 163.05 naira to the U.S. currency, and weakened further to 1
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more