The Nigerian naira rose by N20 versus the US dollar in the parallel market on Friday, finishing at N1,610/$1.
The naira closed at N1,630/$1 on Thursday.
The euro also fell, finishing at N1,655/€1, representing a 0.91% appreciation of the naira against the European currency.
The British pound weakened slightly against the naira, trading at N2,000/£1 on Friday, down from N2,010/£1 the previous day—a 0.50% decline.
The development comes as the Central Bank of Nigeria (CBN) reported an official exchange rate of N1,493/$1 as of Thursday.
On Friday, the CBN’s rates indicated that the naira is trading at N1,507.40/$1 (buying rate) and N1,508.40/$1 (selling rate).
