Nigeria's official exchange rate records another decline Photo: BloombergSource: Getty ImagesAgainst the British pound sterling, the naira lost N2.38, settling at N1,816.43 per pound compared with N1,814.05 the day before. Abudullahi a Bureau de Change (BDC) operator told Legit.ng:"The foreign exchange market remained relatively stable today, with the US dollar trading at N1,417 for buying and N1,427 for selling. Trading activity in the official market picked up sharply. The CBN continued to monitor liquidity conditions in the official FX market. Traders cited rising demand for foreign exchange from petroleum importers who are building fuel inventories following the issuance of import licences.