Data from the Central Bank of Nigeria, CBN confirmed that the naira strengthened marginally to N1,333.65 per greenback on Tuesday, in contrast with N1,333.72 recorded on Monday.
This means the naira gained N0.07 against the greenback on a day-to-day foundation on the official overseas exchange market.
Meanwhile, on the parallel market, popularly often called the black market, the naira remained steady at N1,375 per greenback on Tuesday, the identical rate recorded on Monday.
Ibrahim Sabo is an SEO expert and blogger from Yola, Adamawa State, Nigeria. He writes for NewsTime, where he covers news and trending stories with a focus on clear, accurate reporting that readers can trust. With hands-on experience in search engine optimization, Ibrahim understands how to make quality content easy to find. He combines keyword research, on-page optimization and audience-focused writing to help stories reach the people who need them. When he isn't writing or optimizing content, Ibrahim enjoys keeping up with the latest trends in digital publishing and sharing practical SEO knowledge with fellow bloggers.
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