Naira’s value rises against dollar at official market
The naira appreciated on Monday at the official market, trading N1,600.44 to a dollar.
Data from the Central Bank of Nigeria’s website showed that the naira gained N5.71.
This represents a 0.35 per cent gain compared to N1606.15 per dollar recorded on May 9, 2025.
The naira, which slumped in the early part of the previous week, ended the week on a positive note with a N3.48 gain on Friday.
The local currency traded on May 8, 2025, at N1,609.64 to the dollar.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
Partnership with NITT will reduce truck crashes, FRSC says
FRSC and NITT signed a memorandum of understanding on June 30 to advance training, capacity development, research and innovation.
World
Paraguayan senator defends racial slur against Mbappe as parliament condemns outburst
The case was debated on the floor of the Paraguayan parliament on Wednesday, and Ms Amarilla justified her statement, claiming that the Real Madrid player is not a true Frenchman.
Africa
Africa CDC reports progress, warns Ebola outbreak outpacing response in DRC
“Ebola treatment units remain under severe pressure, with bed occupancy reaching 95 per cent across affected facilities,” Mr Mankoula said.
States
Christian clerics condole family of lynched Islamiyyah teacher in Kaduna
The cleric urged religious leaders to continue promoting compassion, understanding and dialogue.
States
Anambra approves three-month tax waiver for residents, businesses
Mr Mefor also urged other registered taxpayers with additional income, assets or liabilities to disclose them.
States
Don’t sell your PVCs, Gov. Adeleke urges Osun residents ahead of August 15 governorship poll
The governor said reports from across local government areas indicated that some agents were inducing residents with money to part with their PVCs.
