Naira a little recovery in the official window, the black market

Nigerian currency, Naira was a little recovery of the US dollar in the official window on Monday, March 24, 2025.

According to the Central Bank of Nigeria, a foreign exchange data, it shows that Naira appreciates N1, 531.19/$ 1 on Monday from N1, 536.89/$ 1 was traded on Friday last week.

This shows that Naira is valued by N5.70 to the dollar every day.

In the black market, Naira was traded in N1, 570/$ 1 compared to N1, 590/$ 1 the previous day. This represents N20 profits for local currencies.

Also read: Naira makes a little recovery in the official window, depreciated a little on the black market

Naira obtained N20 against British pounds to trade at N2,020/£ 1 compared to the previous day level N2.040 \ £ 1 ..

Canadian dollars still survive stable in N1, 200/Ca $ 1.

Naira obtained the N10 against Euro to trade in ₦ 1,700/€ 1 compared to the previous day level ₦ 1,710/€ 1.

By: Babajide Okeowo

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