
The naira extended its appreciation against the dollar astatine the authoritative overseas speech marketplace connected Thursday.
Data from the Central Bank of Nigeria, CBN, showed that the naira strengthened further to N1,331.61 per dollar connected Thursday, compared with N1,332.59 recorded connected Wednesday.
This means that the naira appreciated by N0.98 against the dollar connected a day-to-day basis.
At the parallel market, besides known arsenic the achromatic market, the naira traded astatine N1,375 per dollar connected Thursday, the aforesaid complaint recorded connected Wednesday.
The mixed sentiments crossed the overseas speech markets came arsenic the country’s outer reserves recorded their archetypal flimsy diminution successful months, dropping to $55.09 billion.
Recall that the naira appreciated against the dollar for the archetypal clip this week connected Wednesday.
DAILY POST reports that Nigeria’s inflation complaint eased to 14.64 per cent successful September, though nutrient ostentation remained high.








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