The naira appreciated at the official market on Monday, February 24, 2025, trading at N1,497.11 against the dollar.
Data from the Central Bank of Nigeria (CBN) website showed that the naira gained N3.62.
This marked a 0.24 per cent increase compared to Friday, February 21, when the local currency closed at N1,500.73 to the dollar.
Equity Market drops N231bn amid profit-taking by investors
The naira has remained relatively stable against the dollar since December 2024, following CBN’s sustained reforms aimed at ensuring transparency in the foreign exchange market.
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