The Naira ended the trading week on a positive note, recording a slight gain of 4.52 kobo against the U.S. dollar at the official market on Friday.
Data released by the Central Bank of Nigeria showed the local currency closed at N1,534.72 per dollar, marking a 0.05 percent improvement from Thursday’s rate of N1,534.79.
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Earlier in the week, the Naira had seen slight fluctuations, trading at N1,535.24 on Tuesday and slipping further to N1,535.62 on Wednesday. The week had opened with a minor dip of 20 kobo on Monday.
Despite the modest movement, the Naira’s performance by week’s end suggests a relatively stable trading pattern amid ongoing economic adjustments.
