Naira records marginal gain at official market

Naira appreciated slightly against the United States dollar at the Investors and Exporters window on Monday, after recording declines at the spot market amidst worsening currency scarcity across the country.

The gains were recorded Monday as foreign exchange supply within the market session surged significantly.

According to data published on the FMDQ website, where forex is officially traded, the local unit closed at ₦461.33 per $1 on Monday— the first business day of this week.