Why Naira is appreciating massively against Dollar …C0NTINUE READING HERE >>>
The Nigerian Naira appreciated substantially at both the official and parallel foreign exchange markets on Friday, ending the week on a positive note.
Data from the Central Bank of Nigeria (CBN) revealed that the Naira strengthened to N1,535 per dollar on Friday, improving from N1,567 per dollar on Thursday, marking a gain of N32.
Meanwhile, FMDQ data showed that at the close of Friday’s trading, the Naira’s exchange rate ranged between N1,480 and N1,700.76 per dollar.
In the black…
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