The naira rose 11.48 against the dollar at the official window

Nigeria’s currency, the naira, appreciated against the American dollar at the official window on Friday.

Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,455.17/$1, compared with N1,466.65/$1 traded on Thursday.

This represents an appreciation of N11.48 for the local currency against the American greenback.

The naira closed flat against the dollar and traded at N1,500/$1.

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The local currency lost N5 against the British Pound and traded at N2,025/£1 compared to the previous day’s rate of N2,020/£1.

The currency closed flat against the Canadian dollar and traded at N1,200/CA$1.

The Naira lost N5 against the Euro and traded at ₦1,755/€1 compared to the previous day’s value of ₦1,750/€1.

Babajide Okeowo