Naira Strengthens To N1,335/$ On Improved FX Supply

The naira recorded a modest appreciation on Tuesday at the Nigerian Foreign Exchange Market (NFEM), buoyed by improved foreign exchange supply relative to demand pressures. Data from the Central Bank of Nigeria showed that the official spot rate strengthened by N8.05 to close at N1,335.95 per US dollar, compared with N1,344.00 per dollar recorded in […]

Go to News Site