Naira Strengthens To ₦1,460/$ As Nigeria’s Foreign Reserves Rise To $42.865 Billion

The naira appreciated against the US dollar on Thursday as liquidity improved across Nigeria’s foreign exchange market, supported by rising external reserves and moderated demand for dollars. Latest data from the Central Bank of Nigeria (CBN) showed that the exchange rate closed at ₦1,460.49 per dollar, a slight gain from ₦1,463.43 recorded previously. The spot … Continue reading Naira Strengthens To ₦1,460/$ As Nigeria’s Foreign Reserves Rise To $42.865 Billion