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The naira yesterday strengthened to ₦1,515 per dollar in the parallel market, improving from ₦1,518 per dollar recorded on Tuesday.

In the Nigerian Foreign Exchange Market (NFEM), the currency also appreciated, trading at ₦1,486.8 per dollar.

According to data released by the Central Bank of Nigeria (CBN), the official exchange rate improved from ₦1,493.2 per dollar on Tuesday to ₦1,486.8 per dollar, reflecting a gain of ₦6.4 for the naira.

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Naira Appreciates to ₦1,515 per Dollar on Parallel Market

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