At the foreign exchange market, the Naira, yesterday gained a seven points to close at N400 against N407 it traded on Tuesday.
The local currency on Tuesday had appreciated by three points from 410 sold per dollar on the first trading day of the week. It was traded at N497 and N420 to the pound sterling and Euro, respectively, at the unofficial segment of the market.
Although, the naira at the Bureau De Change (BDC), the dollar was sold at N362 to the dollar, while the pound and the Euro closed at N495 and N428, respectively.
However, trading at the interbank saw the naira closed at N314.75 to the dollar, while steady against pound and Euro at N404.51 and N337.53, respectively.
Throughout last week, the local currency was seen hovering between N405- N410 to the dollar on the parallel market, compared with N398 to a dollar the previous week.
The president of BDC operators, Aminu Gwadabe, had called on the government to ensure the naira remains stable on its sovereign journey, adding that there must quick review and increase security surveillance of our nation boarders and airports.