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ARTICLE AD BOX
The Naira appreciated against the dollar astatine the authoritative and parallel overseas markets on Monday to statesman the week connected a affirmative note.
The Central Bank of Nigeria’s information showed that the Naira strengthened on Monday to N1,374.91 per dollar, up from N1,375.46 traded past week Friday.
This means that the Nigerian currency grew somewhat by N0.53 percent erstwhile compared to N1,375.46 exchanged astatine the past week.
Similarly, astatine the achromatic market, the Naira roseate by N5 to N1,395 per dollar successful the play nether review.
Meanwhile, the country’s overseas reserves remained astatine $48.98 cardinal arsenic of May 22nd, 2026, according to the apex slope data.
Recall that the Naira dropped against the dollar on Friday last week to end the week on a antagonistic note.