Naira gained 5.72 against dollars in the official window

The Nigerian currency, Naira, was valued against the US dollar on the official market on Friday, May 9, 2025.

According to Nigerian Central Bank data (CBN), Naira appreciated N1, 600.43/$ 1 compared to N1, 606.15/$ 1 which was traded on Friday, May 9, 2025.

This represents the profit N5.72 for local currencies.

In the black market, Naira lost N5 to the dollar to be traded in N1.635/$ 1 compared to the previous day level N1, 630/$ 1.

Also read: Naira Sheds N1.96 Against Dollars in Official Windows

Naira also lost N5 to British pounds to be traded on N2.170/£ 1 compared to the previous day level N2.165/£ 1.

Canadian dollars still survive stable at N1.150/Ca $ 1, the same as the previous day level N1.150/Ca $ 1.

Naira lost N5 to Euro to trade in ₦ 1,830/€ 1 compared to the previous day level ₦ 1,825/€ 1.

By: Babajide Okeowo

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