Naira Gains Against Dollar At Parallel Market

Dollar to Naira

Naira has made a strong gain against the US dollar at the parallel market.

VANTAGE NEWS reports that the Nigerian official tender, Naira, has recovered against the United States dollar, trading at ₦557 per dollar, days after nosediving at the parallel market better known as the black market.

READ ALSO: Naira Closes Flat Against Dollar At Official Market

Information gathered from Bureau De Change (BDC) markets in Lagos, Nigeria’s commercial capital on Friday morning, November 26, showed that the Naira exchanged at ₦557/$1 after opening the week with an exchange rate of ₦565/$1. This represents a change of $8.


Comments expressed here do not reflect the opinions of Vantage News Nigeria or any employee thereof.

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