Naira Gains Marginally Against Dollar At Parallel Market

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The Naira, on Monday, gained 50 kobo against the dollar to close at N360. According to the News Agency of Nigeria, the Pound Sterling and the Euro traded at N462 and N411, respectively.

At the Bureau De Change segment, the dollar was sold at N360, while the Pound Sterling and the Euro traded at N462 and N411, respectively.

Trading at the investors’ window saw the naira closing at N364.3 as market turnover stood at $148.67m.

The Central Bank of Nigeria had continued to inject liquidity at the foreign exchange market in defense of the naira.