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Naira appreciates against Dollar

Naira & Dollar

The Naira recorded its first gains, in recent days, against the dollar at the official foreign exchange market.

Data from FMDQ showed that the Naira appreciated to ₦1608.73 per dollar on Thursday from ₦1621.12 on Wednesday.

This represents a ₦12.39 gain against the dollar at the foreign exchange market compared to the ₦1621.12 traded on Wednesday.

However, in the black market, the Naira depreciated between ₦1610 and ₦1605 per dollar on Thursday from ₦1600 the previous day.

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