Naira Strengthens Marginally Against Dollar as Inflation Eases and Reserves Rebound
The Nigerian naira ended the trading week on a slightly firmer note against the U.S. dollar, closing at ₦1,599.01/$1 in the official foreign exchange market on Friday, according to data from the Central Bank of Nigeria (CBN). This modest appreciation from Thursday’s rate of ₦1,599.99/$1 underscores the local currency’s ongoing struggle for stability amid a […]
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