The Nigerian naira has shown a trend of appreciation against the dollar for three consecutive days in the parallel foreign exchange market, finishing the week on a positive note this past Friday.
Abubakar Alhasan, a Bureau de Change operator located in Wuse Zone 4, Abuja, told DAILY POST that the naira rose to N1,565 per dollar on Friday, up from N1,570 the previous day.
This represents a daily gain of N5 against the dollar, compared to the N1,570 rate recorded on Thursday. 
In total, the naira has appreciated by N15 against the dollar in the black market over the last three days.
However, in the official market, the naira continued to depreciate as of Thursday, according to data from the Central Bank of Nigeria.
The apex bank’s exchange rate data showed that the naira fell to N1,507.88 per dollar on Thursday from N1,504.30 on Wednesday.
Overall, exchange rate movements across FX markets showed that the naira ended the week with mixed sentiments of losses and gains against other foreign currencies.
