GOOD NEWS!!! Naira Increases Value on The Dollar

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The naira increased its recent gain on the parallel market on Sunday, closing at 380 per United States dollar.

The local unit closed at 381/dollar on Friday, having closed at 380/dollar consecutively between last Tuesday and Thursday.

The naira closed at 305.45 to the dollar on the interbank market on Friday. It was quoted at 382/dollar at the ‘Investor and Exporters FX Window’.

The central bank has continued to supply dollars into the foreign exchange market so things are looking up.

Finally some good news….

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