NAIJA NEWS
Nigeria’s currency, the Naira, experienced a significant appreciation yesterday, gaining N10 against the US dollar in the parallel market to trade at N1,680 per dollar.
Naija News reports that this marks a notable improvement from last weekend’s rate of N1,690 per dollar.
In the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira also strengthened, reaching N1,552.92 per dollar.
According to data from FMDQ, this represents an N88.35 appreciation from last weekend’s rate of N1,641.27 per dollar.
