Naira obtained N4.59 against dollars in the official window

The Nigerian currency, Naira, got a little of the US dollar on the official market on Thursday.

Nigerian central bank data (CBN) shows that Naira is traded in N1.586.15/$ 1 compared to N1,590.74/$ 1 for Wednesday.

This represents the profit N4.59 for local currencies.

In the black market, Naira spilled N10 against the dollar to trade at N1.630/$ 1 compared to the previous day level N1, 620/$ 1.

Naira lost N5 to the British pound to trade at N2.170/£ 1 compared to the previous N2.165/£ 1.

Naira also lost N20 to Canadian dollars to be traded at N1.220/Ca $ 1 compared to the previous day level N1.200/Ca $ 1.

The local currency is the same -the same loss of N10 to the Euro to be traded in ₦ 1,820/€ 1 compared to ₦ 1,810/€ 1 before.

By: Babajide Okeowo