The naira recovered from days of slump to trade N1, 576/$1 at the official window on Thursday.

Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that Thursday’s figure was N91 lower than the N1,667/$1 the currency traded at the official window the previous day.

The naira lost N20 against the dollar at the parallel section of the forex market to trade N1,695/$1 as against the previous N1,675/$1.

The naira also shed N10 against the British Pound to trade N2,270/£1 as against the previous N2,260£1.

The Canadian dollar traded N1,280| CA$1 same as the rate for Wednesday.

The naira closed flat against the Euro to trade ₦1,860/€1.

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