Business
Naira Appreciates Against Dollar At Foreign Exchange Market
The naira bounced back, appreciating against the dollar at the official foreign exchange market on Thursday.
Central Bank of Nigeria exchange rate data indicated that the naira strengthened to N1586.15 per dollar on Thursday from N1590.74 on Wednesday.
This means that the naira recorded a N4.59 gain against the dollar on a day-to-day basis.
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Meanwhile, at the black market, the naira fell by N3 to N1,623 per dollar on Thursday from N1,620 traded on Wednesday.
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