Naira strengthens against dollar, closes week at N1,534.72

The Naira ended the week on a positive trajectory, appreciating by 4.52 kobo against the U.S. dollar at the official market on Friday.

According to the latest data from the Central Bank of Nigeria, the Naira closed at ₦1,534.72 per dollar.

This reflects a slight gain of 0.05 percent compared to Thursday’s rate of ₦1,534.79 to the dollar.

However, the Naira had experienced minimal losses earlier in the week, trading at N1,535.62 on Wednesday and N1,535.24 on Tuesday.

The trading week began with a minor decline of 20 kobo on Monday.