The Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market.

It previously exchanged between N305 and N307 to the dollar early last week.

READ ALSO  Sheriff re-opens PDP national secretariat

However, the naira closed at N197 to the dollar at the official apex bank rate.

READ ALSO  SON partners ISO to create smart cities

Traders at the market were hopeful that the naira would appreciate as soon as the Central Bank of Nigeria resumed sale of forex to the commercial banks.

READ ALSO  PDP factions hold parallel state congress in Imo