The exchange rate between the naira and the US dollar closed at an average of N773/$1 on Monday at the black market.
This represented 0.64% appreciation as against N778/$1 recorded last Friday.
According to black market traders who spoke to Nairametrics, naira improved against the US dollar on Monday at the cryptocurrency peer-to-peer market, closing at a minimum of N776.8/$1, appreciating by 0.15% from N777.99/$1 that was recorded in the previous trading session.
Outside the black market it was reported that the naira depreciated against the US dollar on Friday, 25th November 2022 to close at N446.33/$1 at the I&E window, which represents a 0.3% depreciation from N445/$1 recorded in the previous trading session.
READ ALSO: Fire razes 150 shops in Kano
A total of $117.26 million was traded at the official market on Friday, which is 19.62% lower than the $145.89 million traded on Thursday.
Nigeria’s external reserve dropped slightly by 0.01%, to stand at $37.181 billion as of 24th November 2022 in contrast to $37.186 billion recorded as of the previous day.
Trading at the official NAFEX window
The exchange rate at the official market closed at N446.33/$1 on Friday, 25th November 2022, representing a 0.3% depreciation compared to the closing rate of N445/$1 recorded in the previous trading session.
A 14-year-old boy, Musa Umar, has died following a violent altercation with a neighbour in…
Former Minister of Transportation Rotimi Amaechi has lashed out at the supporters of ex-presidential candidate…
The General Overseer of the Redeemed Christian Church of God, Enoch Adeboye, has advised women…
The Head of Service of Benue State, Agbogbo Ode, is dead. Ode passed away in…
Former Kano State governor, Rabiu Musa Kwankwaso, is set to defect from the African Democratic…
Content creator and streamer Carter Efe has described his unanimous decision victory over singer Portable…
This website uses cookies.