The Nigerian naira on Monday appreciated against the United States dollar, trading below the N1,497/$ threshold for the first time in over six months. Integrity News Understands

Data from the Central Bank of Nigeria showed that the domestic currency closed at N1,497.46/$, compared to its previous close of N1,501.49/$, marking a 0.27 per cent gain

According to data from CardinalStone Research. Naira was strengthened by 0.33 per cent to settle at N1,535/$, that the naira gained 0.98 per cent week-on-week to close at N1,501.50/$ in the official window, while the parallel market firmed by 0.33 per cent to N1,535/$.