Warning: Constant WP_MEMORY_LIMIT already defined in /home/jjs60lregtzp/public_html/signalng.com/wp-config.php on line 116
Naira Appreciates By 0.48% At Official Market - SIGNAL
Connect with us

Hi, what are you looking for?

Business News

Naira Appreciates By 0.48% At Official Market

The Naira appreciated on Tuesday at the official market, trading at 1491.67 to a dollar.

Data from the Central Bank of Nigeria (CBN) Website showed that the Naira gained N7.31.

This represents a 0.48 per cent increase from N1,498.98 per dollar recorded on Monday.

The Naira has enjoyed relative stability against the dollar since December 2024 due to sustained reforms by the Central Bank of Nigeria (CBN).

The reforms are aimed at ensuring transparency in the foreign exchange (FX) market.

(NAN)

____

Follow us on Twitter at @thesignalng

Copyright 2025 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to  www.signalng.com and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

Business

The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,545 per dollar last weekend. But the Naira appreciated to N1,528...

Business News

The Central Bank of Nigeria, CBN, yesterday, expressed its commitment to the Nigerian Foreign Exchange (FX) Code saying that it has aligned its roles...

Business News

‌he Naira yesterday appreciated to N1,512 per dollar in the parallel market from N1,515 per dollar on Tuesday. However, the Naira depreciated to N1,505...

News

The Central Bank of Nigeria (CBN) has appointed 16 directors effective March 3. The appointments were said to have been made to bolster the...

Copyright ©