Naira strengthens as CBN reports FX stability, surge in reserves

Nationaldailyng | 22-05-2025 02:13am |

The naira recorded its second straight day of appreciation in the parallel market on Tuesday, trading at N1,625/$1, a slight improvement from N1,627/$1 on Monday. At the official market, the naira also posted gains, closing at N1,588.50/$1, up from N1,597/$1 the previous day, ahead of the Central Bank of Nigeria’s (CBN) milestone 300th [...]The post Naira strengthens as CBN reports FX stability, surge in reserves appeared first on National Daily Newspaper.

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