The naira closed the week on a positive note, appreciating by 4.52 kobo against the U.S. dollar at the official market on Friday.
According to the latest figures from the Central Bank of Nigeria (CBN), the naira traded at N1,534.72 per dollar, marking a slight improvement in its performance.
The figure represents a modest gain of 0.05 per cent compared to Thursday’s closing rate of N1,534.79 to the dollar.
Earlier in the week, however, the currency experienced minimal losses, trading at N1,535.62 on Wednesday and N1,535.24 on Tuesday.
The trading week had opened with a slight decline of 20 kobo on Monday, before recovering to end on a stronger note by Friday.
