Naira appreciates against US dollar at official, unofficial markets

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Nigerian Naira appreciated against the US Dollar in three segments of the foreign exchange market on Tuesday, April 25th, following the Eid al-Fitr break.

In the official market, the Naira gained value against the Dollar, closing at N463.44/$1.

This represents an increase of 23 Kobo or 0.05%, closing at N463.44/$1 compared to N463.67/$1 in the previous session.

READ ALSO:Naira falls to US dollar at official market ahead of holiday

In the parallel market, the Naira gained N3 against the Dollar, closing at N736/$1 compared to the previous session’s N739/$1.

However, in the interbank segment, the Naira lost value against the Pound Sterling by 71 Kobo, closing at N572.99/£1 compared to N572.18/£1 in the previous session, and against the Euro, it depreciated by 95 Kobo to close at N505.04/€1 versus N504.09/€1.

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