See how naira bounce back against US dollar after Tinubu's victory at election tribunal

  • “The Nigerian currency, the Naira, appreciated against the United States dollar in the official market on Thursday
  • This comes just 24 hours after the Naira lost over N30 of its value amid uncertainty over the Presidential Election Petition Court (PEPT) judgment
  • However, it’s a different story for the Naira in the black market and the Peer-to-Peer (P2P) segments, as its value depreciated

Naira value at the official market appreciated against the US dollar 24 hours after Presidential Election Petition Court (PEPT) judgment affirmed President Bola Tinubu won the 2023 general election.

On the day of the Tribunal judgment, the value of the naira depreciated to N771.59/$ as uncertainty hovers around the expected decision.