Di Naira still dey lose value for official market on Tuesday, just after President Bola Ahmed Tinubu sack Minister of Finance Wale Edun on Monday.
For black market side, di Naira manage to gain small small, move from N1,430 to N1,425 per dollar, na N5 gain.
But make we no forget say di Naira just dey start dis week with serious fall across all foreign exchange markets.
Meanwhile, for di same week wey just pass, di Naira actually show some muscle and gain value against dollar for both official and parallel markets.
Even though e slip small on Friday, di overall week na win for our currency.
Market data show say number of deals jump from 82 to 145 transactions, meaning plenty people dey buy and sell, market dey hot.
Di Naira begin di week weak, but e gradually dey recover as days dey go.
Analysts look at di rates from April 8 and April 9 wey be ₦1,369/$1 and ₦1,365/$1, dem say dis up and down movement na normal for our volatile forex market.
Dem give credit to Central Bank of Nigeria (CBN) interventions wey dey help to bring small stability.
But di problem remain say our external reserves dey drop, and analysts point to debt servicing, low oil money, and foreign investors wey dey fear to bring their money.
Dem talk say even though di recent gains dey sweet, for Naira to stand strong, we need better foreign currency inflow, more oil money, and continuous market reforms to give people confidence.
For global matter, crude oil prices dey under pressure for early Asian trading on Friday.
Dis one come after announcement of 10-day ceasefire between Israel and Lebanon, plus United States President Donald Trump talk say negotiations with Iran fit resume over di weekend.
Both oil benchmarks still dey far below di triple-digit levels wey dem reach earlier for di week, after previous round of talks collapse.
Do you have a news tip for NNN? Please email us at editor @ nnn.ng

