The
Naira on Thursday strengthened against the dollar in all the major segments of
the market, the News Agency of Nigeria (NAN) reports.
At the parallel market, the Nigerian currency
gained five points to exchange at N385 to the Dollar from the N390 recorded on
Wednesday.
The Pound Sterling and the Euro traded at N495
and N410, respectively.
At the Bureau De Change (BDC) segment, the
Naira closed at N362 to the dollar, while the Pound Sterling and the Euro
exchanged at N490 and N424, respectively.
Currency traders urged the Federal Government
to plough back the huge sums of money recovered from looters into the economy
to further prop up the Naira.
-NAN
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