Naira Gains Against Dollar at Official Market

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The Nigerian naira closed the week on a positive note, gaining 4.52 kobo against the U.S. dollar at the official market on Friday.

According to the latest figures from the Central Bank of Nigeria, the naira traded at ₦1,534.72 per dollar.

The figure represents a modest gain of 0.05 per cent on Thursday, when it was valued at ₦1,534.79 to the dollar.

However, the Naira had experienced minimal losses earlier in the week, trading at ₦1,535.62 on Wednesday and ₦1,535.24 on Tuesday.

The trading week began with a minor decline of 20 kobo on Monday.

 

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