Naira gains at 395 as CBN continues Dollar sales

Nigeria’s naira firmed 1.27 percent to 395 per dollar on the black market on Thursday. This comes as traders prepared for the Central Bank to increase the dollar supply for exchange bureaux to keep the official retail rate higher. CBN has been intervening on the official market to try to narrow the currency’s spread with ...

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Published By: tv360nigeria - Thursday, 20 April

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  • Naira weakens to 382/dollar The Punch (4 days ago) - Oyetunji Abioye The naira weakened to 382 per United States dollar on Friday, down from 379/dollar it closed on Thursday. On the back of sustained dollar injection by the Central...