The Central Bank of Nigeria (CBN) raises interest rates, boosting the naira in the official market while leaving its black-market performance unchanged. According to FMDQ data, the naira strengthens to N1,659.44/$ in the official market on Tuesday, up from N1,675.62/$ on Monday. In the black market, however, the currency remains steady at N1,750/$ on Wednesday … Continue reading CBN’s Policy Adjustments Strengthen Naira In Official Market, Black Market Remains Steady