The Nigerian currency, naira gained N5.53 against the American dollar at the official market on Tuesday.
The Central Bank of Nigeria (CBN) Foreign exchange data showed that the naira appreciated to N1,598.48/$1 as against the N1,604.48/$1 it traded on Monday.
On the black market, the naira closed flat to trade at N1,615/$1.
The naira lost N5 against the British Pound to trade at N2,075/£1 as against the previous day’s rate of N2,070/£1.
The Canadian Dollar still held steady at N1,150/CA$1.
The naira lost N5 against the Euro to trade at ₦1,755/€1 as against the previous day’s ₦1,750/€1.
By: Babajide Okeowo
© Ripples Nigeria
