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Naira appreciates by 0.35% against dollar at official market

Agency Report
Agency Report
Exchange rate (Naira to Dollar)

The Naira appreciated on Monday at the official market, trading at N1,600.44 to a dollar.

Data from the Central Bank of Nigeria, CBN, website showed that the Naira gained N5.71.

This represents a 0.35 per cent gain when compared to N1606.15 per dollar recorded on Friday, May 9, 2025.

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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 Thursday, May 8, 2025 at N1,609.64 to the dollar.

Source: NAN

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