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Naira gains N4.80 at official market

Naira gains N4.80 at official market

 

 

Lagos, July 2024 (TBL Africa) The Naira on Tuesday appreciated at the official market, trading at N1,375.30 to a dollar.

 

Data from the official website of the Central Bank of Nigeria (CBN) revealed that the Naira gained N4.80.

 

This represents a 0.35 per cent appreciation compared with Monday’s exchange rate when it traded at N1,380.10 against the dollar.

 

The Naira, which has remained relatively stable due to sustained reforms, also recorded slight gain on Monday.

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