Naira strengthens as CBN confirms $600m monthly forex inflows

Tribune OnlineNaira strengthens as CBN confirms $600m monthly forex inflowsThe naira gained ground on Friday, August 29, closing at N1,531.57 per dollar in the Nigerian Foreign Exchange Market (NFEM), up from N1,535.47 per dollar the previous day. This represents an appreciation of N4.47 for the local currency. Data from the Central Bank of Nigeria (CBN) showed that the exchange rate improvement also narrowed the

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