The Naira on Thursday strengthened against the dollar in all
the major segments of the market, the News Agency of Nigeria (NAN) reports.
At the parallel market, the Nigerian currency gained five
points to exchange at N385 to the Dollar from the N390 recorded on Wednesday.
The Pound Sterling and the Euro traded at N495 and N410,
respectively.
At the Bureau De Change (BDC) segment, the Naira closed at
N362 to the dollar, while the Pound Sterling and the Euro exchanged at N490 and
N424, respectively.
Currency traders urged the Federal Government to plough back
the huge sums of money recovered from looters into the economy to further prop
up the Naira.
(NAN)
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