1 hour ago
3
ARTICLE AD BOX
The Naira appreciated massively against the United States Dollar to proceed its appreciation rally astatine the authoritative overseas speech marketplace connected Tuesday.
The Central Bank of Nigeria’s information showed that the Naira further strengthened to N1,344.42 against the Dollar connected Tuesday, up from N1,357.77 was exchanged connected Monday.
This means that the Naira recorded a important N13.35 gain connected a day-to-day basis, higher than the N8.46 appreciation connected Monday.
Meanwhile, astatine the achromatic market, the Naira remained level astatine N1,430 per dollar connected Tuesday, the aforesaid complaint arsenic connected Friday.
The improvement amid a driblet successful the country’s overseas reserves to $49.87 cardinal arsenic of 16 March 2026, down from $50.01 cardinal connected the 12th, according to the apex slope data.
The currency marketplace has Wednesday to reason trading for the week up of the Eid-ul-Fitr holidays connected Thursday and Friday.
English (US) ·