Naira gains N10, trades at N1400/$1 at the black market

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The Nigerian currency, the naira, gained N10 against the American dollar on Monday after trading at N1,410/$1 for the last four consecutive days.

The local currency gained N10 against the British Pound, trading at N1,900/£1, as against the previous day’s N1,910/£1.

The naira continued to close flat against the Canadian dollar to trade at N1,000/CA$1.

The naira gained N5 against the euro, trading at ₦1,610/€1, as against the previous day’s ₦1,615/€1.

Read also: NGX: Equity market begins week with N443bn profit for investors

The Central Bank of Nigeria (CBN) is yet to release the official exchange rates as of the time of filing this report with the naira closing at N1,356.88/$1 last week’s Friday.

By: Babajide Okeowo 

The post Naira gains N10, trades at N1400/$1 at the black market appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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