Naira Strengthens Across Official, Black Markets As Reserves Climb

The naira appreciated strongly on Monday at both the official and parallel foreign exchange markets, opening the new week on a positive note. Data from the Central Bank of Nigeria showed that the naira gained significantly, closing at N1,506.84 per dollar on Monday, compared to N1,514.87 on Friday. This indicates that the currency strengthened by... The post Naira Strengthens Across Official, Black Markets As Reserves Climb appeared first on GISTSMATE.

Naira Strengthens Across Official, Black Markets As Reserves Climb

The naira appreciated strongly on Monday at both the official and parallel foreign exchange markets, opening the new week on a positive note. Data from the Central Bank of Nigeria showed that the naira gained significantly, closing at N1,506.84 per dollar on Monday, compared to N1,514.87 on Friday. This indicates that the currency strengthened by...

The post Naira Strengthens Across Official, Black Markets As Reserves Climb appeared first on GISTSMATE.

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