The Nigerian currency on Wednesday, January 31, maintained strength against the United States of America Dollar at the parallel segment of the Nigerian foreign exchange market.
The Local Currency at the black market exchanged at the rate of N364 against the greenback on Wednesday.
The Nigerian Naira maintained the same rate against the British Pound Sterling, closing at the rate of N507 on Wednesday, whle it closed at the rate of N448 against the European Single Currency, Euro.
Meanwhile CBN acting director, Corporate Communications Department, Isaac Okorafor, in a statement in Abuja, said that the bank allocated 55 million dollars through the Small and Medium Enterprises, SMEs.
He gave the assurance that the apex bank would sustain its interventions in the foreign exchange market.
