The naira appreciated to ₦1,531 per U.S. dollar at the official foreign exchange window on Friday, following intervention by the Central Bank of Nigeria (CBN). The local currency had faced heavy pressure earlier in the week, with the spot rate nearing ₦1,539 at the interbank market. This prompted the apex bank to step in, selling … Continue reading Naira Closes Stronger At ₦1,531 As CBN Intervenes With Dollar Sales