The Nigerian naira appreciated significantly against the US dollar on Monday, buoyed by increased inflows from foreign portfolio investors (FPIs) that outpaced market demand, according to updated data from the Central Bank of Nigeria (CBN). Official market records showed that the naira firmed up to ₦1,544.62 per dollar, gaining ₦5 amid heightened FX liquidity. Simultaneously, … Continue reading Naira Strengthens By ₦5 As Foreign Investment Inflows Boost FX Liquidity