Naira Stabilises at ₦1,600 Per Dollar in Black Market

Naira Against Dollar
Naira Against Dollar

Naira Stabilises at ₦1,600 Per Dollar in Black Market

The Naira has remained relatively stable against the US dollar, maintaining its rate of ₦1,600 at the black market.

It is however selling at ₦1,615 per dollar.

Meanwhile, the official exchange rate set by the Central Bank of Nigeria (CBN) is ₦1,488.32 per dollar for both buying and selling.