The Naira on Monday, stabilised against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.
The Nigerian currency exchanged at N365 to the dollar, maintaining same value as at Friday.
However, the naira weakened further against the Pound Sterling, but maintained same value with the Euro as it exchanged at N475 and N400 respectively, from N470 and N400 it traded on Friday.
At the interbank window, the naira exchanged at N292.15 to a dollar.
Currency traders blamed the poor performance of the naira to the scarcity of the greenback, adding that the demand for dollar far outstripped its supply
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