Naira remains firm against dollar at forex market

Date:

The Naira on Friday remained firm against the dollar at the three market segments.

The News Agency of Nigeria (NAN) reports that the Naira was traded at 165 against the dollar as against N167 which it traded on May 26 at the market.

At the official market, the currency was sold at N154.73 to the dollar remaining stable at same price since last Monday.

Similarly, it stood firm against the dollar at the black market as it gained 50 kobo to sell at N166 compared with N166.50 traded on May 26.

The currency remained stable against the Pound Sterling and Euro at N278 and N233 respectively since last week at the Bureau de Change.

READ MORE  PenCom approves merger of ARM, Access pensions

At the official market, it was sold against the two currencies at N279 and N213 making it to shed N1 each against the two currencies.

The Naira against with the two currencies was sold at N280 and N214 respectively at the black market since May 23. (NAN)

 

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Datti doubts ability of any candidate to transform Nigeria, questions Obi’s political choices

By Jude Opara   Former Labour Party presidential candidate Peter...

Finance Ministers lauds Custom, charges to set global benchmark in trade facilitation

Mariam Abeeb   The Nigeria Customs Service (NCS) has earned commendation...

The Blood That Altered Nigeria’s Destiny

By S H Abdullah The morning of January 15, in...

NSIA bets on digital infrastructure to drive Nigeria’s AI economy

By Mariam Abeeb   The Nigeria Sovereign Investment Authority is...