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  1. Today's Naira Rate [28-05-2024]:Naira Hits One-Month High at N1,173.88 as CBN Sells $300 Million to Banks

    Nigeria Today's Naira Rate [28-05-2024]:Naira Hits One-Month High at N1,173.88 as CBN Sells $300 Million to Banks

    The U.S. dollar experienced a significant decline, reaching N1,173.88 on Tuesday after the Central Bank of Nigeria sold over $300 million to commercial banks. This intervention led to a one-month high for the naira, reflecting dynamic market movements and economic factors influencing Nigeria's...
    • Wakanda
    • Article
    • 1 min read
    • cbn intervention central bank of nigeria commercial banks currency exchange dollar crash foreign exchange market naira surge
    • Category: Business

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