The naira is strengthening versus the dollar, trading at 420.12.

The naira is strengthening versus the dollar, trading at 420.12.

The Naira strengthened in the Investors and Exporters window on Friday, trading at N420.12 to the dollar, up 0.01 from N420.17 on Thursday.

On Friday, the open indicative rate was N419.79 to the dollar.

The highest rate reported throughout the day’s trade was N444.00 to the dollar before it closed at N420.12.

During the day’s trade, the Naira fell as low as N413 to the dollar.

On Friday, a total of 162.98 million dollars were transacted in foreign exchange through the official Investors and Exporters window.

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