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Naira appreciates against dollar at black market


The naira appreciated against the dollar at the parallel foreign exchange market on Saturday amid 2025 Easter day celebrations in Nigeria.


A Bureau De Change operator in Wuse Zone 4, Abubakar Alhasan, confirmed to newsmen that the naira strengthened to N1610 per dollar on Saturday from N1620 traded on Friday.


“The sell rate is N1,610 per dollar on Saturday. The buy rate is N1,595 per dollar. It is due to the Easter holidays,” Alhasan said.


This indicates that the naira strengthened by N10 to the dollar when compared to the N1620 exchanged on Friday.


This comes as the official exchange rate closed for the Easter holidays on Thursday at N1,599.93 per dollar.

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