Naira gains N7.93 against dollar at official market

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The Naira on Monday opened the trading week on a stronger note, appreciating against the dollar at the official market to trade at N1,456.56.

According to data released on the website of the Central Bank of Nigeria, the Naira gained N7.93.

This represents a 0.5 per cent gain when compared to Friday, Dec. 19, when the local currency traded at N1,464.49 to a dollar.

The gain represents an improvement for Naira which experienced depreciation in the previous week.

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