Naira closes flat against dollar at black market


The Nigerian currency, the naira, closed flat against the American dollar at the black market on Friday.

The local currency traded at N1,410/$1, the same in the last three consecutive days.

However , the naira lost N5 against the British Pound, trading at N1,910/£1, as against the previous day’s N1,905/£1.

It also closed flat against the Canadian dollar to trade at N1,000/CA$1.

READ ALSO: Naira gains N12.51 against dollar at official market

The naira lost N5 against the Euro, trading at ₦1,615/€1, as against the previous day’s ₦1,610/€1.

The Central Bank of Nigeria (CBN) is yet to release the official exchange rates as of the time of filing this report.

 

Babajide Okeowo





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