The Nigerian naira recorded a notable appreciation at the official foreign exchange window, gaining ₦17.45 against the U.S. dollar as stronger FX inflows improved liquidity conditions and supported the local currency. Data from the Central Bank of Nigeria’s daily foreign exchange update showed that the naira strengthened by 125 basis points at the Nigerian Foreign … Continue reading Naira Strengthens By ₦17.45 As FX Inflows Boost Reserves And Market Confidence