Naira’s value rises against dollar at official market
The naira appreciated on Monday at the official market, trading N1,600.44 to a dollar.
Data from the Central Bank of Nigeria’s website showed that the naira gained N5.71.
This represents a 0.35 per cent gain compared to N1606.15 per dollar recorded on May 9, 2025.
The naira, which slumped in the early part of the previous week, ended the week on a positive note with a N3.48 gain on Friday.
The local currency traded on May 8, 2025, at N1,609.64 to the dollar.
(NAN)
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