Naira gains N7.93 against dollar at official market

The Naira, on Monday, opened the trading week on a stronger note, appreciating against the dollar at the official market to trade at N1,456.56.

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According to data released on the website of the Central Bank of Nigeria, the Naira gained N7.93.

This represents a 0.5 per cent gain when compared to Friday, December 19, when the local currency traded at N1,464.49 to a dollar.

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The gain represents an improvement for Naira which experienced depreciation in the previous week.

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