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Naira gains N2.05k against dollar at official market

by Aisha Abubakar
June 21, 2025
in Banking
0
Why Naira regained strength at FX market – ABCON
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The Naira on Friday appreciated at the official market, trading at N1,547.36 to a dollar.

Data obtained from the website of the Central Bank of Nigeria (CBN) showed that the Naira gained N2.05.

READ ALSO

Naira depreciates by 0.17% against dollar

Naira gains N3.42 against dollar 

This represents a 0.13 per cent gain when compared with Thursday when the local currency traded at N1,549.41 to a dollar.

The Naira, which opened the week with a 0.3 per cent gain on Monday, when it traded at N1,544.62, closed the trading week stronger again on Friday.

The Naira recorded slight depreciation by 0.04 per cent on Tuesday when it traded at N1,545.26 against the dollar.

However, the local currency remained almost static on Wednesday and Thursday, trading at N1,549.20 and N1,549.41 respectively, representing a minute loss of 0.01 per cent.

 

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