Naira Gains Momentum On Strong FX Inflows, CBN Support

Sustained foreign exchange inflows and interventions by the Central Bank of Nigeria (CBN) are helping to keep the naira on course to test the next threshold. Market data suggest growing optimism that the currency could break the psychological barrier of N1,500 per dollar. The local currency traded briefly below the psychological level of N1500 per … Continue reading Naira Gains Momentum On Strong FX Inflows, CBN Support