The Nigerian currency, Naira, made another recovery against the US dollar on the official market on Friday.
Nigerian central bank data (CBN) shows that Naira appreciates N1, 599.54/$ 1 compared to N1, 601.82/$ 1 which is traded on Thursday.
This represents the profit N2.28 for local currencies.
In the black market, Naira got an N2 to trade at N1.605/$ 1 compared to the previous day level N1, 607/$ 1.
Also read: Naira gets N0.33K to dollars in the official window
Naira closes flatly against the British pound to trade at N2.120/Β£ 1.
Canadian dollars still survive stable at N1.150/Ca $ 1.
Naira closed the flat against the euro to be traded in β¦ 1,800/β¬ 1.
By: Babajide Okeowo
Join the conversation
Supports Nigeria’s ripples, resistant Journalism Solutions
A balanced and fearful journalism that is driven by data comes with enormous financial costs.
As a media platform, we ask for leadership accountability and will not trade the right to suppress freedom and freedom of speech for a piece of cake.
If you like what we do, and ready to uphold journalism solutions, please donate to Nigerian ripples cause.
Your support will help ensure that residents and institutions continue to have free access to credible and reliable information for community development.
Donation now