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Nigerian naira on Monday resumed trading on a bullish side as the currency closed at 385 to a Dollar at the parallel market.
The currency gained 20 naira from 490 to 470 against the pound sterling but lost 5 naira to the Euro to close at 435 at the back market segment.
At the official rate, the currency remained flat 370 to the greenback.
Meanwhile, the Central Bank of a Nigeria, CBN, on Monday directed commercial bank to reduce naira to dollar rate for travelers, medical and school fees payment abroad.
The currency gained 20 naira from 490 to 470 against the pound sterling but lost 5 naira to the Euro to close at 435 at the back market segment.
At the official rate, the currency remained flat 370 to the greenback.
Meanwhile, the Central Bank of a Nigeria, CBN, on Monday directed commercial bank to reduce naira to dollar rate for travelers, medical and school fees payment abroad.