Naira appreciates massively against dollar in black market -...
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Naira Gains Strongly Against Dollar in Black Market
The naira recorded a significant gain against the U.S. dollar in the parallel foreign exchange market on Monday, reflecting renewed strength in Nigeria’s local currency. Abubakar Alhasan, a Bureau de Change operator based in Wuse Zone 4, Abuja, reported that the naira appreciated sharply to N1,617 per dollar, compared to N1,635 traded at the close of last week. This marks an N18 gain within a single trading day. Meanwhile, the official exchange …
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