Naira Appreciates by11.89%

Naira recorded a massive boost against the US dollar on Thursday closing at N718 to a dollar from N814.9/$1 recorded in the previous trading session.

The exchange rate appreciated by 11.89% in 24 hours.

Similarly, the exchange rate between the naira and the US dollar appreciated at the black market to close at N745/$1 on Thursday, representing a 6.88% gain when compared to the N800/$1 recorded in the previous trading session.