Finance
Naira gains N10.43 against dollar to close week
Naira on Friday closed the week stronger further appreciating against the U.S. dollar at the official market to trade at N1,386.55.
According to data released on the official website of the Central Bank of Nigeria (CBN), the naira gained N10.43.
This represents a 0.7 per cent gain when compared to Thursday when it traded at N1,396.99 to a dollar.
The naira has remained relatively stable due to the CBN reforms, experiencing weeklong appreciation.
On Monday, Tuesday and Wednesday the local currency traded at N1,418.95; N1,401.22 and N1,400.47 respectively.
(NAN)
-
Finance1 day agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
Oil and Gas1 day agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
-
News1 day agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
Industry1 day agoMAN summit to tackle high energy costs for manufacturers
-
Oil and Gas1 day agoOil falls as Middle East talks outweigh concern over fresh strikes
-
News1 day agoNigeria panel says 37 detained miners died from overcrowding and neglect
-
News1 day agoZenith Bank expands tech fair reach with first ever virtual edition, focuses on AI
-
News1 day agoLagos E-Commerce Crackdown: Sanwo-Olu targets deceptive online vendors, fraud