Business Naira Watch: Tracking Nigeria's Currency [Day 4]


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Nigerian Naira on Thursday gained 1.25% against US Dollar at the inter-bank market, day four into the flexible exchange rate policy of the Central Bank of Nigeria.

Naira traded 1.5% to 284 to United States Dollar as of 2:30pm in Lagos, nation’s commercial hub, according to data retrieved from Bloomberg terminal.

At the close of the trading period, the Naira was spotted at N281 to a dollar.

Related: Naira Watch: Tracking Nigeria's Currency [Day 3]

Today Open: N282.50

High Rate: N284

Low: N281..50

Close: 281.25



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