The Nigerian Naira, on Monday, July 31, closed trading strong at the parallel segment of the Nigerian foreign exchange market.
Ending the month of July, the local currency retained the rate of N365 to the United States of America Dollar at the black Market, same rate at which it traded last week.
The naira also closed firm against the British Pound Sterling, trading at tN474/£1 at the black market.
However, the Naira gained two points against the European Single Currency, Euro, to close the month at N422, from the previous rate of N424.
Meanwhile, at the official interbank or spot FX market, the local currency remained at N305.65/$1.
Meanwhile, Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), has called for calm among its members on the present reality. According to
