The Naira has appreciated in value today, trading at N1,565 per dollar in the parallel market, up from N1,570 per dollar on Thursday. Similarly, in the Nigerian Foreign Exchange Market (NFEM), the Naira strengthened to N1,534.9 per dollar, according to data from the Central Bank of Nigeria (CBN). This represents a slight appreciation of one kobo from Thursday’s rate of N1,535 per dollar. The Naira’s value has shown some fluctuation, but today’s gains indicate a positive trend in the currency’s performance.
