However, the currency gained against the foreign currency at the Investors and Exporters window where forex is officially traded.
According to abokiFX.com, the local unit closed at N522.00 per $1 at the black market, representing a N1.00 or 0.20 per cent devaluation from the N521.00 it traded in the last two sessions respectively. The FMDQ Security Exchange window also known as Nafex rate where forex is officially traded, showed that the local unit closed at N410.88 per $1 at the official market.
This translates to a N1.00 or 0.20 per cent devaluation from the N411.00 rate posted in the previous session on Wednesday. Naira hit an intraday high of N400.00 and a low of N413.00 during the trading session before closing at N410.88 on Thursday.
If you're hypertensive avoid going through Nigerian news headlines. Everything is just getting bad to badder to baddest... Mstchewww.
OUR GDP INCREASED IN 3D OF 5.1% AND NNPC DECLARED PROFIT OF N300BN THEREAFTER! LORI IRO.