Naira sheds N5 against dollar at black

5 hours ago 3

The Nigerian currency, the naira, lost N5 against the dollar at the black market on Friday.

The naira traded at N1,510/$1, as against the previous day’s rate of N1,505/$1.

The local currency gained N10 against the British Pound to trade at N2,005/£1 as against the previous day’s rate of N2,015£1.

It, however, closed flat against the Canadian dollar and Euro to trade at N1,200/CA$1 and ₦1,735/€1 respectively.

READ ALSO: Naira sheds N2.35 against dollar at official window

Meanwhile, the Central Bank of Nigeria (CBN) is yet to release the official exchange rate as at the time of filing this report at 7.16 p.m., on Friday.

 

Babajide Okeowo

The post Naira sheds N5 against dollar at black appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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