Naira strengthens against dollar
Barely 24 hours after the naira was forced to a downward trajectory by dollar scarcity, it bounced back, closing at ₦477 to a dollar at the parallel market in Lagos.
According to reports, the Pound Sterling and the Euro traded at ₦608 and ₦550, respectively.
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While Daily Times Nigeria gathered that the naira, however, weakened marginally at the investor’s window, losing one point to close at ₦386 to a dollar.
The volume of trade at the window shrunk by $1.83 million when compared to Tuesday, to close at $18.44 million.
The Nigerian currency exchanged at ₦381 to a dollar at the official CBN window.
(NAN)
