The naira appreciated marginally against the dollar at the parallel market on Thursday, exchanging at N359 to the dollar.
The naira was traded at the segment at N461 and N407 against the Pound Sterling and the Euro, respectively.
At the Bureau De Change (BDC) window, the naira was sold at N360 to the dollar, while it was traded against the Pound Sterling and the Euro traded at N461 and N407, respectively.
Transactions at the investors’ window saw the naira closing at N360.76 as market turnover dropped from 128.59 million dollars to 107.63 million dollars since Wednesday.
The naira closed at N307 to the dollar at the official CBN window.
The News Agency of Nigeria reports that the stability of the naira had been fuelled by the interventions of the Central Bank of Nigeria (CBN) at the foreign exchange market.
The Apex bank had injected about N42.3 billion dollars to the foreign exchange market since last year.
Muslim scholars urge parents to guide their children to built a strong nation
8-year old wins Kwadie Events dance competition
Lagos Police Command arrests 5 armed robbery suspects, 73 suspected cultists
EEDC denies collecting N2m from estate residents in Aba,
UNICEF, EU train 2,115 in Kebbi for reproductive health
Presidency explains spending on $1bn security fund, dismisses PDP’s claims
Kane hits 93rd minute wonder-goal as Spurs sink Juventus in Singapore
2nd MSMEs Award: MSME of the year to win cars, cash – Presidency
FIBA AFROCAN: Nigeria lose second match 55-81 to DR Congo
TCN suspends Kano DisCo from electricity market
General news10 hours ago
Most Local Government Councils in North East operate separate accounts – NAN survey
Economy8 hours ago
Expert advises MPC to reduce MPR by 50 basis points as inflation declines
General news9 hours ago
Cleric enjoins Christians to show exemplary leadership qualities
Politics6 hours ago
Gov. Bello seeks synergy between executive, legislative arms
General news24 hours ago
Hajj: Nigerian pilgrims visit Qu’ran exhibition centre, Madinah
Foreign8 hours ago
Suicide bomber hits hospital kills 8, injures 22
Health11 hours ago
Expert warns against inserting hard objects in the mouth of convulsing patients
General news13 hours ago
Cleric tells Nigerian pilgrims to hold sanctity of Madinah