BUSINESS

Naira appreciates by 0.37% against dollar at official market

Published

6 days ago

March 24, 2025

Grace Alegba

The Naira appreciated on Monday at the official market, trading at N1,531.19 to a dollar.

Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N5.70.

This represents a 0.37 per cent gain when compared to the N1,536.89 per dollar recorded on Friday, March 21.

The Naira experienced slight volatility the previous week, recording two days of losses on Thursday and Friday, March 20 and 21, to close the week negatively.

The Naira closed trading at N1,530.62 to a dollar on Thursday.

Related Topics:

Up Next

Air Peace offers student discount to London

Don't Miss

Dangote Cement achieves higher CDP ratings for climate change

Grace Alegba

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.