Naira Gains Against Dollar…See Latest Exchange Rate

Whatsapp News

The Naira on Thursday appreciated against the dollar close at N476/$1.

This comes after Forex turnover rose significantly by 96.6%.

Also at the at the NAFEX window, the naira appreciated marginally against the dollar close at N394.60/$1 during intra-day trading on Thursday, December 10.

The naira is expected within a range across markets after the local currency received a boost from ’s easing of restrictions on remittances according to Reuters.

ABCON , Aminu Gwadebe, had blamed the crash of the naira on activities that include hoarding, speculation, cash evacuations the ’s , of the dollar for gratification and so on.