Naira appreciates by 0.37 per cent against dollar at official market

The Naira appreciated on Monday at the official market, trading at N1,531.19 to a dollar.

Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N5.70.

This represents a 0.37 per cent gain when compared to the N1,536.89 per dollar recorded on Friday, March 21.

The Naira experienced slight volatility the previous week, recording two days of losses on Thursday and Friday, March 20 and 21, to close the week negatively.

The Naira closed trading at N1,530.62 to a dollar on Thursday.