Naira Strengthens, Gains ₦3.38 at Official Market

The Naira on Monday opened the month of August on a positive note at the official market, trading at N1,364.83 to a dollar.

Data from the official Website of the Central Bank of Nigeria (CBN) revealed that the Naira gained N3.38.

This represented a 0.2 per cent gain when compared to Friday when it traded at N1,368.22 per dollar.

The Naira, which experienced weeklong depreciation the previous week, made its first recovery on Monday.

Credit NAN: Texts Excluding headlines