The naira appreciated at the official market on Monday, May 12, 2025, trading at N1,600.44 to a United States dollar.
Data from the Central Bank of Nigeria (CBN) website showed that the naira gained N5.71.
This represents a 0.35 per cent gain when compared to N1,606.15 per dollar recorded on Friday, May 9, 2025.
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The naira, which slumped in the early part of the previous week, ended the week on a positive note with a N3.48 gain on Friday.
The local currency traded at N1,609.64 to the dollar on Thursday.
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