Naira recovers from N515 to N490 per dollar

Naira recovers from N515 to N490 per dollar

Today, the Nigerian naira recovered to N490 per dollar, as the fresh policy action from the Central Bank of Nigeria finds its foothold.

A bureau de change operator, who spoke to TopNaija.ng in Lagos, said the naira recovered drastically from 515 per dollar on Wednesday, to 490 on Thursday morning.

Ibrahim Baba, a trader in Abuja, the nation’s capital, said the local  currency is trading 498 to the greenback at the Federal Capital Territory (FCT).