Naira Rises To N440/$1 At Black Market

The naira gained N37 against the dollar exchanging for N440/$1 at the parallel market when compared to N477/$1 exchange rate on Friday, August 28th.

As at yesterday the 31, August the naira gained N12 to close at N465/$1,which indicates the highest gain ever recorded since March this year.

Data from Abokifx, show s that the naira appreciated yesterday by 5.4 percent to exchanged for N465 to a dollar.