The Naira appreciated further against the dollar in the foreign exchange market to end the week on a good note.
FMDQ data showed that the Naira strengthened to N1,631.21 per dollar on Friday, from N1,659.26 traded on Thursday. This represents an N28.05 gain against the dollar.
Similarly at the black market, the Naira gained by N10 to N1,670 on Friday, from N1,680 exchanged on Thursday.
This comes despite the drop in foreign exchange transaction turnover to $238.36 million on Friday, from $450.39 million recorded on Thursday.
The Central Bank of Nigeria (CBN), on Thursday, introduced fresh FX code guidelines to stabilise the Naira.
Similarly, the apex bank also introduced electronic FX matching to curb speculation.