Naira Gains Strength to Trade at N341/Dollar At Parellel Market

Naira unaffected by Trump’s victory
The Naira on Wednesday, May 18, soared further against the dollar at the parallel market.

According to the News Agency of Nigeria, the Nigerian currency traded between N340 and N341 to a dollar at the close of trading, from N345 it exchanged on Monday.

The Pound Sterling and the Euro also traded between N480 and N488 and N380, N385 against the naira, respectively.

Meanwhile the official Central Bank of Nigeria (CBN) rate remained at N197 to the dollar.