The Nigerian naira slightly appreciated against the US dollar, closing at N1,510 after the Central Bank of Nigeria (CBN) sold $181 million to banks. Data from the FMDQ platform showed that the naira gained 0.15% in value within the official foreign exchange market. The increase in dollar supply from the CBN contributed to this positive … Continue reading Naira Strengthens To N1,510 After CBN’s $181 Million FX Sales