The Nigerian currency, the naira, recovered against the United States dollar at the official window on Wednesday.
At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,348.44/$1, compared to N1,350.74/$1 on Tuesday.
This represents a gain of N2.30 for the local currency against the dollar.
At the black market, the naira gained N2 against the dollar, trading at N1,398/$1, down from the previous day’s N1,400/$1.
READ ALSO: Naira loses N1.07 against dollar at official window
The local currency gained N10 against the British Pound, trading at N1,880/£1, as against the previous day’s N1,890/£1.
The naira closed flat against the Canadian dollar to trade at N1,100/CA$1
It lost N5 against the euro, trading at ₦1,620/€1, as against the previous day’s ₦1,615/€1.
Babajide Okeowo


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