Naira Makes Slight Gain As Final Election Looms

The election "war chest" is being pumped with cash and the Naira is already responding to her increased demand as Saturdays Govnorship and State Houses of Assembly Polls looms.

And this has led the Naira on Tuesday to gained 50 kobo and exchange at N358 to the dollar at the parallel market in Lagos, stronger than N358.5 traded on Monday.

Source : Sahara Reporters

The Pound Sterling and the Euro closed at N470 and N408, respectively.

At the Bureau De Change (BDC) window, the naira traded at N360 to the dollar, while the Pound Sterling and the Euro closed at N470 and N408, respectively.

Trading at the investors segment saw the Naira closing at N360.77 as market turnover stood at 91.66 million dollars