The Nigerian currency, the naira, recovered marginally against the American dollar at the official window on Friday.
READ ALSO: Naira sheds N1.38 against dollar at official FX market
At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,421.62/$1, compared to N1,422.07/$1 it traded on Thursday.
This represents a gain of N0.45 for the local currency against the dollar.
At the black market, the naira gained N8 against the dollar, trading at N1,487/$1, compared to the previous rate of N1,495/$1.
The local currency gained N10 against the British Pound to trade at N2,000/£1 as against the previous day’s rate of N2,010/£1.
The naira closed flat against the Canadian dollar to trade at N1,130/CA$1.
It gained N5 against the Euro to trade at ₦1,715/€1, as against the previous day’s rate of ₦1,720/€1.
Babajide Okeowo
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