By Gwurld4026 
Naira Strengthens Against Dollar for First Time This Week
On Friday, March 14, 2025, the Nigerian Naira experienced its first appreciation against the US dollar this week at the official foreign exchange market. The Naira strengthened to N1,550.36 per dollar, improving from N1,554.85 on Thursday, marking a gain of N4.9.
In the parallel market, the Naira remained stable, trading at N1,590 per dollar on both Thursday and Friday.
Despite this recent appreciation, the Naira has generally experienced depreciation throughout the week. Comparing week-on-week performance, the Naira weakened by N33.12 at the official market, moving from N1,517.24 per dollar last Friday to N1,550.36 this Friday. Similarly, in the black market, it depreciated by N10, shifting from N1,580 to N1,590 over the same period