Naira gains value relative to the US dollar as a result of CBN action.
The Naira slightly appreciated against the US dollar in the official foreign exchange market at the end of January 2024 amid the Central Bank of Nigeria’s recent intervention to curb its free fall. Data from FMDQ on Wednesday showed that the Naira marginally appreciated N1,455.59 per US dollar from N1,482.57 on Tuesday. On a day-to-day level, the Naira appreciated by N26.98 gain or a 1.85 per cent increase, to close […]
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