The naira continues its appreciation against the dollar at the official foreign exchange market on Wednesday, marking its highest gain so far this week.
Data from the Central Bank of Nigeria showed that the naira further firmed up to N1,596.68 per dollar on Wednesday from N1,599.70 traded on Tuesday, 29 April, 2025
This reflects a day-to-day gain of N3.02. It was gathered that , unlike Tuesday,29 April, 2025 when the naira appreciated by just N0.20 per dollar, it recorded a stronger gain of N3.02 on Wednesday, 30 April, 2025.
Meanwhile, on the black market, the naira depreciated by N3 to N1608 per dollar on Wednesday, 30 April, 2025 down from N1605 traded the previous day.
