By Adedapo Adesanya The Naira mounted a 3.3 per cent or N46.19 gain on the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, May 6 as it closed at N1,354.21/$1 compared with last Friday’s rate of N1,400.40/$1. Also, the Naira value improved against the Pound Sterling in the official market yesterday by N66.56 to sell at N1,735.61/£1 versus the preceding session’s N1,802.17/£1 and against the Euro, it appreciated by N52.00 to quote at N1,489.15/€1 compared with the previous day’s value of N1,541.15/€1. The local currency was strengthened at the currency market during the trading session despite a
Naira Value Improves by 3.3% to N1,354/$1 at NAFEM
