Naira gains against dollar after minimum wage increase

The naira appreciated significantly at both official and foreign exchange black markets on Thursday amid President Bola Tinubu’s N70,000 new national minimum increase. A Bureau De Change operator in Wuse Zone 4 in Abuja said the naira appreciated significantly on Thursday evening to N1,565 per dollar from N1,615 per dollar on Wednesday. “As of Thursday [...]Naira gains against dollar after minimum wage increase

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