Naira Strengthens As CBN Boosts Dollar Liquidity In FX Market

The naira extended its recovery streak against the US dollar, buoyed by fresh dollar injections from the Central Bank of Nigeria (CBN) aimed at easing pressure in the foreign exchange market. At the official FX window on Friday, the local currency appreciated slightly, closing at ₦1,532.51 per dollar, compared to ₦1,534.52/$1 recorded the previous day. … Continue reading Naira Strengthens As CBN Boosts Dollar Liquidity In FX Market