The Nigerian naira gained N0.38 against the US dollar in the official foreign-exchange window, closing at N1,332.59 per dollar on Wednesday compared with N1,332.97 on Tuesday. It was the currency's first advance of the week, after it had weakened on Monday and Tuesday. In the parallel market, however, the naira was unchanged at N1,375 to the dollar. The divergent moves came as Nigeria's external reserves were reported at $55.10 billion, according to Central Bank of Nigeria figures.
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