Naira Strengthens To ₦1,452/$ As Foreign Investors Boost FX Supply

The Nigerian naira appreciated to ₦1,452 per U.S. dollar at the Nigerian Foreign Exchange Market (NFEM), as increased inflows from foreign portfolio investors strengthened the supply side of the currency market. According to the latest data from the Central Bank of Nigeria (CBN), the naira closed stronger after reaching an intraday high of ₦1,457 against … Continue reading Naira Strengthens To ₦1,452/$ As Foreign Investors Boost FX Supply