Naira appreciates to N1,419 a dollar at official market
Nigerian currency, the Naira, appreciated further at the official foreign exchange on Wednesday, closing at N1,419.50 to the dollar.
The naira exchange rate was N1,420.25 to the dollar at the market on Tuesday.
The exchange rare has been appreciating at the market in the last two days. It was N1,425 to the dollar on Monday and appreciated to N1,420.25 on Tuesday.
Bid rates quoted by dealers at the market on Wednesday ranged between N1,419 and N1,421 to the dollar.
Meanwhile, the naira is being traded at the black market in Lagos at between N1,485 and N1. 495 to the dollar.
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