The Naira closed the week on a positive note, trading at ₦1,400.40 against the dollar, according to data from the FMDQ Exchange.
The naira on Thursday slightly depreciated at the official market, trading at ₦1,402.67 to the dollar.
The naira on Wednesday further depreciated at the official market, trading at ₦1,308.52 to the dollar.
The Naira on Monday further depreciated at the official market, trading at N1,419.11 to the dollar.
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.12trillion in revenue among the Federal government, States and local government councils (LGCs) for March after its April meeting in Abuja.