Naira gains N1.33 against dollar to close week
The Naira on Friday, closed the week stronger further appreciating against the U.S. dollar at the official market to trade at N1,417.94.
According to data released on the official website of the Central Bank of Nigeria (CBN), the naira gained N1.33.
This represents a 0.09 per cent gain compared to Thursday, when it traded at N1,419.28 to a dollar.
The naira which has remained relatively stable due to CBN reforms, experienced weeklong gain.
On Monday and Tuesday, it traded at N1,421.45 and N1,419.65, representing a N1.79 gain.
The naira had earlier opened the trading week on Monday, with gain of N1.70.
However, the local currency recorded slight loss of 37 kobo on Wednesday, when it traded at N1,420.03.
The naira bounced back on Thursday with 75 kobo gain, before closing the week stronger on Friday.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Kano clarifies directive stopping file submission to governor’s office
The directive instructed Ministries, Departments and Agencies (MDAs) to temporarily halt forwarding files to the governor’s office.
States
Police commence disciplinary action against cops caught on video assaulting Bayelsa tricyclist
Mr Edebor assured that the command would not relent on its commitment to the protecting the rights and safety of citizens.
States
Yaba LCDA chair tasks residents on e-registration, adherence to environmental laws
Mr Adefuye said that the council’s N14 billion budget, tagged “Yaba Tuntun,’ was designed to drive development across key sectors.
States
Kano governor chairs first executive council meeting in 2026, rededicates to good governance
The meeting, the 37th since the administration took office, was held at the Governor’s Lodge in Abuja.
States
Fleeing teenage driver nabbed for knocking down three cops in Edo
Mr Hundeyin said hard drugs were also discovered in the tinted vehicle which had no number plate.
States
FCT workers seek urgent action on welfare
The president added that the workers also rejected the mass failure recorded in the 2024 promotion examination.
