- Nigerian banks such as Access Bank, UBA, and GTB, alongside currency traders, adjusted the selling rates for the dollar positively
- This follows a strong performance of the naira in both the unofficial and official foreign exchange markets
- Nigerians will be hoping that the new month of May is favourable for the naira after a poor performance recorded in April
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The naira appreciated against the United States Dollar in the official market, the Nigerian Autonomous Foreign Exchange Market (NAFEM), on Tuesday, April 30, 2024.
