The naira closed relatively stable against the US dollar on Thursday, reflecting balanced foreign exchange (FX) flows at the Nigerian Autonomous Foreign Exchange Market (NAFEM). The local currency gained 30 kobo to settle at ₦1,488.26 per dollar, compared with ₦1,488.56 recorded the previous day. According to trading data, the spot rate reached an intraday high … Continue reading Naira Holds Steady At ₦1,488/$ As FX Market Balances Demand, Supply