The naira appreciated at the official market on Tuesday, March 4, 2025, trading at N1,491.67 to a United States dollar.
Data from the Central Bank of Nigeria (CBN) Website showed that the naira gained N7.31.
This represents a 0.48 per cent increase from N1,498.98 per dollar recorded on Monday.
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The naira has enjoyed relative stability against the dollar since December 2024 due to sustained reforms by the CBN.
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The reforms are aimed at ensuring transparency in the foreign exchange market.
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