Naira gains against dollar

The exchange rate between the naira and the US dollar closed at N416.67/$1 at the Investors and Exporters (I&E) window.
The exchange rate appreciated significantly to trade at N576/$1, which is the highest level recorded since 10th March 2022.
On the one hand, the exchange rate at the parallel market closed flat at N588/$1, the same as recorded in the previous trading session.