Naira Records First Appreciation Against Dollar, Ends Depreciation Streak
The official foreign exchange market saw the Naira’s first appreciating against the dollar on Friday, therefore briefly stopping its downward run this week. On Friday, the local currency climbed from N1,554.85 on Thursday to N1,550.36 per dollar. On a daily basis, this represents a little increase of N4.49. Meanwhile, the Naira stayed constant at N1,590