Naira Gains Ground, Hits 1,609 Against Dollar in Official Market

The Nigerian naira saw a modest rise against the United States dollar on Wednesday, climbing to N1,609 compared to the previous day’s rate of N1,615.94. This uptick, representing a N6 increase or 0.37 percent, follows a series of foreign exchange directives recently issued by the Central Bank of Nigeria. The Monetary Policy Committee, in a … Continue reading Naira Gains Ground, Hits 1,609 Against Dollar in Official Market