Nigerian Currency (Naira) Edges Dollar At Parallel Market

Naira. File

Nigerian currency Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos.

The Naira gained 50 kobo to close at N358, stronger than N358.5 traded on Tuesday.

The Pound Sterling and the Euro closed at N480 and N418.5 respectively.

At the Bureau De Change window, the naira closed at N360 to the dollar, while the Pound Sterling and the Euro closed at N480 and N418.5 respectively.

But the country’s currency appreciated at the investors’ window, closing at N361.45, stronger than N361.68 traded on Tuesday, while it was sold at N305.90 at the Central Bank of Nigeria official window.