It traded around ₦1,466 to the US dollar in the official Nigerian Foreign Exchange Market.
The naira maintained recent gains on Monday, trading around ₦1,466 to the US dollar in the official Nigerian Foreign Exchange Market (NFEM).
At the parallel market tracked by AbokiFX, the currency traded at around ₦1,450.
Traders said the official NFEM figure reflected continued inflows and modest liquidity injections into the market.
Dealers are buying and selling dollars in the mid-₦1,400s on AbokiFX’s live black-market feeds, with posted buy/sell quotes around ₦1,445–₦1,460 on Monday.
