CEM REPORT, FINANCE | The Nigerian Naira (NGN) is traded at an average of N452.13 against the United States Dollar (USD) appreciating marginally from it average trading of N452.1 yesterday.
According to data on Central Bank of Nigeria (CBN) website, the naira is selling at N451.63 and buying at N452.63 against the dollar.
However local exchangers (black market) offered the dollar for sell at N745 and baught same at N743.50.
The British Pounds (GBP) is stayed within the range of N548 against the naira while the Euro stepped up to an average of N485 from N484 it traded yesterday.
The black market on the other hand offered the GBP for sell at N786 and baught it at N776.
Similarly, the euros is selling at N915 and buying at N900 at local exchangers.