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Naira Gains Value After Brief Dip in Forex Market

Summary by News Central - Latest Africa News
The naira recorded a modest appreciation against the US dollar at the official foreign exchange market on Friday, breaking a three-day losing streak. According to data published by the Central Bank of Nigeria, the naira strengthened to ₦1,547.36 per dollar, up from ₦1,549.41 on Thursday. This represents a daily gain of ₦2.05 at the official market. In the parallel market, however, the Nigerian currency maintained stability, trading at ₦1,600 per…
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techeconomy.ng broke the news in on Saturday, June 21, 2025.
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