The Naira further appreciated yesterday, trading at N1,553.11 against the dollar in the official foreign exchange market.
Data from the Central Bank of Nigeria showed the Naira gained N12.35, representing a 0.79 per cent appreciation when compared to Wednesday’s trading at N1,565.46 per dollar.
The Naira has been on a steady appreciation, trading at N1,579.27 on Tuesday and N1,581.58 against the dollar on Monday.
The Naira, which also closed the previous week bullish, opened the new week with a gain of N4.56.
These steady gains were recorded even as the recapitalisation for Bureau De Change Operators (BDCs) began on June 3.