Economy
Christmas: Naira Appreciates Against Dollar At Black Market
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Naira slightly gained N3 against the dollar
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As Nigerians gear up for the 2024 Christmas celebrations
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Strengthened marginally against the dollar
A Bureau de Change operator in Wuse Zone 4, Abubakar Alhasan, on Tuesday said that the Naira gained N1,637 per dollar on Monday from N1,640.
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This showed that the Naira slightly gained N3 against the dollar compared to the N1,640 exchanged on Monday.
Meanwhile, at the official market, the Naira fell marginally to N1,540.45 per dollar on Tuesday from N1,539.55 traded the previous day.
This comes as Nigerians gear up for the 2024 Christmas celebrations on Wednesday, 25th December.
Recall that Nigeria had bench marked its proposed N49.7 trillion 2024 budget at an exchange rate of N1,500 per dollar.
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