Naira strengthens against dollar, closes week at N1,534.72

PHOTO CREDIT: DAILYPOST.NG

Lagos: The Naira closed the week on a positive note, gaining 4.52 kobo against the U.S. dollar at the official market on Friday.

According to the latest figures from the Central Bank of Nigeria, the Naira traded at N1,534.72 per dollar.

The figure represents a modest gain of 0.05 per cent on Thursday, when it was valued at N1,534.79 to the dollar.

However, the Naira had experienced minimal losses earlier in the week, trading at N1,535.62 on Wednesday and N1,535.24 on Tuesday.

The trading week began with a minor decline of 20 kobo on Monday. 

Related posts

Tinubu Defends Painful Reforms, Claims Nigeria’s Economy is Back on Track

Nigerian Stock Market Closes May Higher, Investors Pocket ₦414bn

Equities Market Jumps N905bn as Rally Continues