Naira maintains strength against Dollar and Euro at parallel market

The Nigerian Naira on Tuesday, September 5, appreciated against the American Dollar and Euro at the parallel market but crashed against Pound Sterling.

The local currency maintained the rate against the greenback to close the day at N365/$1.
It also  430/1Euro
It also end at 470/GB pound

Meanwhile in a statement by Garba Shehu on Tuesday, September 5, the president was quoted as saying he was very happy with the new development.

He also took to his Facebook page to express satisfaction over the news of the country getting out of recession promising to continue to do more.

He wrote: "I am pleased by the news of our emergence from the recession, and looking forward to ensuring that the ordinary Nigerian feels the impact.

"Until coming out of recession translates into meaningful improvement in people's lives, our work cannot be said to be done.

"While I'm glad we're starting to see the fruit of our work, there's still a lot to be done; and we will not rest until all Nigerians feel the impact.

"The real change for Nigerians is an impact that is felt in their lives and their pockets.

"We are on the right path, and our work continues, to make a lasting and visible difference.‬

"I thank you all for your patience, and for believing in us. God bless the Federal Republic of Nigeria."

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