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Naira strengthens by N4.80 in official exchange rate

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Naira strengthens by N4.80 in official exchange rate
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The Naira on Tuesday appreciated at the official market, trading at N1,375.30 to a dollar.

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Data from the official website of the Central Bank of Nigeria (CBN) revealed that the Naira gained N4.80.

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This represents a 0.35 per cent appreciation compared with Monday’s exchange rate when it traded at N1,380.10 against the dollar.

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The Naira, which has remained relatively stable due to sustained reforms, also recorded a slight gain on Monday.

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