Naira gains at official market

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The naira which started trading at N417.90 per $1 reached an intraday high of N410.00 and a low of N444.00 before closing at...

clinched a significant gain against the U.S dollar at the official market on Friday, a day after it fell at the spot market segment.

This represents a N2.00 or 0.5 per cent appreciation from N419.00 it exchanged in the previous session on Thursday. The naira which started trading at N417.90 per $1 reached an intraday high of N410.00 and a low of N444.00 before closing at N417.00 to a dollar on Friday.

 

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