Trump's victory favours Nigeria as naira appreciates against dollar.

U.S.A President Elect Donald Trump

The Victory of Donald Trump in the just concluded Presidential elections in the U.S.A seems to be in favour of Nigeria as Naira appreciates against the dollar in the forex market, the News Agency of Nigeria
(NAN) reports.

The report reveals that Naira currency gained N44.95 to exchange at N305.27 to the dollar at the interbank market after its Monday’s record of N350. 22.

While at the parallel market, the naira gained N5 to exchange at N465 from N470 it traded on Monday, while it went for N565 and N510 against the Pound Sterling and the Euro,respectively.

Also at the Bureau De Change (BDC), the currency is exchanged at N385, the control rated of the Central Bank of Nigeria (CBN) and at N564 against the Pound Sterling and N510 for Euro.