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Monday, 1 April 2024

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 $2.5bn, making the naira strengthen to N1,309 against the United States dollar. Official figures obtained fro…
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Naira closes 1,309/$ as banks sell $2.5bn

Deola Oluwafemi

April 1

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 […]

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at April 01, 2024
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