Business Naira Watch: Tracking Nigeria's Currency [Day 5]


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Nigerian Naira on Friday maintained gain .5% against US Dollar at the inter-bank market, five days into the flexible exchange rate policy of the Central Bank of Nigeria.

Naira traded 280.10 to United States Dollar as of 12:30pm 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 N281.75 to a dollar.

naira_nigeria.jpg

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

Today Open: N280.50

High Rate: N284.50

Low: N280.10

Close: 281.75

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