The Nigerian currency, the naira, recovered against the American dollar at the official window on Friday.
The Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,547.36/$1 as against the N1,549.41/$1 it traded on Thursday.
This represents a gain of N2.05 for the local currency against the American greenback.
On the black market, the naira closed flat against the dollar to trade at N1,605/$1.
READ ALSO: Naira continues to slide against dollar at official window
Similarly, the naira closed flat against the British Pound to trade at N2,160/£1.
The local currency also closed flat against the Canadian dollar to trade at N1,200/CA$1.
It, however, gained N5 against the Euro to trade at ₦1,800/€1 as against the previous day’s rate of ₦1,795/€1.
By: Babajide Okeowo
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