The Nigerian Naira on Monday rose 0.5% to 281.30 against United States dollar in Lagos, commercial hub.
The Naira to dollar 3 month non-deliverable forwards fell 0.1% to 289.50 against the US Dollar while yield on USD bond due July 2023 dropped by 6bps to 6.88%.
Source: Bloomberg News
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Nigerian naira on Monday rises by 0.5% to N280.65 to a United state dollar as at 11am in Lagos, the commercial nerve city of the country.
According to Bloomberg news, the naira extended gain of 0.6% this week despite the three days off declared by the federal government.
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