Naira appreciates against dollar, now 165


nairaThe Naira on Monday appreciated against the dollar, gaining by N2 at the Bureau de Change. The Naira was traded at 165 against the dollar as against N167, which it traded on May 23 at the market.
At the official, the currency was sold at N154.73 to the dollar remaining stable at same price since last Friday.
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 23.
The currency remained stable against the Pound Sterling and Euro at N278 and N233 respectively since last week at the Bureau de Change.
At the official market, it was sold against the two currencies at N279 and N213 making it to shed N1 each.
The Naira against with the two currencies was sold at N280 and N214 respectively at the black market.

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