Naira Gains N12.41 At Official Market

This represents a 0.9 per cent gain when compared to Monday when the local currency traded at N1,356.18 to the dollar.

The Naira on Tuesday further appreciated at the official market trading at N1,343.76 against the US dollar.

According to data released on the official website of the Central Bank of Nigeria (CBN), the Naira gained N12.41.

This represents a 0.9 per cent gain when compared to Monday when the local currency traded at N1,356.18 to the dollar.

The Naira which has been relatively stable due to sustained CBN reforms is experiencing a second week of sustained gain.

Related posts

Oil Price Gains Not Enough To Shield Nigeria’s Economy– IMF

World Bank Backs Nigeria’s Reform Progress