The Nigerian naira recorded a significant uptick against the US dollar in the official foreign exchange market, bolstered by enhanced liquidity from major international oil producers and foreign portfolio inflows. According to the Central Bank of Nigeria (CBN), the local currency strengthened by 85 basis points to settle at ₦1,536.0817 per dollar on Thursday, buoyed … Continue reading Naira Appreciates To ₦1,536 As Oil Sector Boosts FX Supply