The Naira appreciated further at the official market on Monday, trading at N1,497.11 against the Dollar.
This is according to data from the Central Bank of Nigeria (CBN) website which showed that the Naira gained N3.62.
This marks a 0.24 per cent increase compared to Friday, February 21, when the local currency closed at N1,500.73 to the Dollar.
The Naira has remained relatively stable against the US Dollar since December 2024, following CBN’s sustained reforms aimed at ensuring transparency in the Foreign Exchange (FX) market