After weeks of continuous depreciation, the naira showed slight recovery following an intervention by the Central Bank of Nigeria (CBN) in the foreign exchange (FX) market. On Friday, the naira appreciated by 36 basis points to close at N1,509.70 per dollar at the Nigerian Foreign Exchange Market (NFEM), according to data from the FMDQ platform. … Continue reading Naira Strengthens Slightly After CBN Injects $66 Million Into Banks