Naira’s value appreciates, gains N11.93 at official market

The naira on Monday opened the week with a gain at the official market, trading at N1,354.25 per dollar.

According to data released on the Central Bank of Nigeria’s official website, the naira gained N11.93.

This represents a 0.8 per cent gain compared to Friday, when it traded at N1,366.19 per dollar.

The naira has remained relatively stable due to CBN reforms.