The naira has sustained its momentum at the parallel market, appreciating N710 per dollar in Lagos last week.
The development represents N115 or 13.9 percent gain compared to the N825 to a dollar it traded on Wednesday.
Bureaux De Change operators (BDCs) in the Ikeja area of Lagos who spoke toTVC News said the buying rate of the greenback at N700 and the selling price at N710 per dollar, leaving an N10 profit margin.
The traders said there was moderation in demand for dollars by citizens.
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