Naira Opens Week Strong, Gains ₦9.69 at Official Market

Lagos: The naira opened the week on a positive note, appreciating to N1,365.24 against the U.S. dollar at the official market, amid ongoing efforts to stabilise the foreign exchange environment and seasonal fluctuations in dollar demand.

Data from the Central Bank of Nigeria showed that the local currency gained N9.69.

This represents a 0.7 per cent increase compared with N1,374.94 recorded on Thursday, May 2.

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