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Naira appreciates against dollar

The naira appreciated by N137 in the parallel market, exchanging at N1,113/$1 on Friday.

According to Dayyabu Mistila, a Bureau De Change operator in Wuse Zone 4, Abuja, Nigerians bought naira at N1,113/$1 on Friday.

The currency appreciated reasonably from the N1, 250/$1 it traded on Thursday at the unofficial market.

Meanwhile, at the FMDQ exchange, forex trading closed at N837.49/$1 on Thursday.

The development comes barely 24 hours after the Supreme Court affirmed President Bola Tinubu’s victory.

Earlier, the Finance Minister, Wale Edun, disclosed that the country would soon receive an inflow of $10 billion in foreign currency to mitigate the forex crisis…..CONTINUE.FULL.READING>>>

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JOLOWO BUNALAYEFA PIUS is the Chief Executive Officer (CEO) for BUNADY NEWSLITE GLOBAL ENTERPRISE (Bunady.com). He started his Blogging/Journalism career at God's Own Wireless Company 2012. He's a graduate of Adekunle Ajasin University Akungba Akoko Ondo State, with a major in History And International Studies. You can contact him for press events, advertisement promotions on Email: contact.bunady@gmail.com

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