Naira Closes 1,309/$ As Banks Sell $2.5bn

In the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the foreign exchange market by $2.5bn, making the naira strengthen to N1,309 against the United States dollar. Official figures obtained from the FMDQ Securities Exchange revealed that the naira closed at N1309/$1 on Thursday compared to … Continue reading Naira Closes 1,309/$ As Banks Sell $2.5bn