Naira Strengthens To ₦1,455/$ As FX Reserves Increase

The naira strengthened to ₦1,455 per dollar at the official foreign exchange market on Thursday, supported by robust FX liquidity and steady inflows from exporters, according to data from the Central Bank of Nigeria (CBN). The official spot rate closed at ₦1,455.23/$, representing a 1.35% appreciation from ₦1,475.35/$ on Wednesday. Intraday trading saw the local … Continue reading Naira Strengthens To ₦1,455/$ As FX Reserves Increase