The effect of Central Bank of Nigeria’s regular interventions through the injection of dollars into the market sees Naira gaining strength over dollar but fell a bit against Pound and Euro.
The Naira opened on the market at the rate of N360.50 against the dollar, N488.88 against Pound and N435.16 against Euro on Friday January 3.
Hopefully the economy improves much better and stable this year after the economy suffered series of break down last year.