naira appreciation
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Nigeria Naira Strengthens as CBN Resolves $7 Billion Forex Backlog, Marks 4.6% Appreciation
The naira has witnessed a notable appreciation at both the official and parallel markets following the Central Bank of Nigeria's (CBN) successful clearance of all foreign exchange (FX) backlogs. Data from the FMDQ Securities Exchange indicates that the Naira closed trading at ₦1,410/dollar at...- Nigeria News
- Article
- 1 min read
- central bank of nigeria currency market economic development exchange rates forex backlog naira appreciation
- Category: Business
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