Lagos, March 24, 2025 (Naija247news) – The Naira appreciated at the official market on Monday, trading at N1,531.19 per dollar, reflecting a N5.70 gain from N1,536.89 on Friday, March 21.
Thank you for reading this post, don't forget to subscribe!According to Central Bank of Nigeria (CBN) data, this represents a 0.37% appreciation after a week of slight volatility. The Naira had suffered back-to-back losses on March 20 and 21, closing last week on a downward trend.
On Thursday, March 20, the currency traded at N1,530.62 per dollar, indicating ongoing market fluctuations amid foreign exchange pressures.
Market analysts point to CBN policies, FX supply levels, and global economic factors as key drivers of the Naira’s performance, with expectations for further movements in the coming days.
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