Naira extends rally as Central Bank shields foreign reserves

The naira has extended its year-to-date gains crossed overseas speech marketplace segments, supported by improved FX liquidity and the Central Bank of Nigeria (CBN)’s assurance that the country’s outer reserves stay beardown capable to enactment currency stability. Data published by the Central Bank (CBN) showed that the naira appreciated by N80.11 year-to-date astatine the Nigerian […]

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