Naira rebounds amid $1.08bn loss in reserves

The naira connected Wednesday rebounded successful the authoritative overseas speech market, reversing the erstwhile day’s losses adjacent arsenic Nigeria’s outer reserves declined by $1.08 cardinal amid slowing inflows linked to Middle East tensions. Data from the Central Bank of Nigeria (CBN) showed the naira appreciated by N14.84 to adjacent astatine N1,371.82 per dollar, a summation […]

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