The naira recorded a marginal gain against the British Pound at the start of business on Monday, gaining N160 to trade at N2100/£ in the parallel market, commonly referred to as the black market.
This shows a gain of 7.62 per cent, with the domestic currency strengthening by N160 compared to the previous day’s closing rate of N2,260.
There has been an uptick in the value of the naira ever since the country intensified efforts last week to stabilise its value.
