The naira firmed against the U.S. dollar on Monday, supported by dollar sales by Shell Petroleum Development Company (SPDC), dealers said.
The local unit closed at 162.40 naira to the dollar, firmer than 162.55 naira it closed at on Friday.
Shell sold an undisclosed amount on Monday, increasing
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
