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Naira begins November on a good note

An image depicting the exchange of Naira and Dollar

The naira showed gains against the dollar on Friday in both the official and parallel markets.

According to FMDQ data, it strengthened from ₦1,675.49 to ₦1,666.72 at the official rate, marking an ₦8.77 improvement.

Similarly, in the black market, the naira appreciated by ₦15, closing at ₦1,735 per dollar, compared to ₦1,750 the previous day.

This marks a positive start for the currency in November 2024.

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