Naira records first appreciation against US dollar as foreign reserves hit $46.7bn

The Naira recorded its first appreciation against the United States dollar at the official foreign exchange on Tuesday this week. The Central Bank of Nigeria’s data showed that the Naira strengthened on Tuesday to N1,447.43 per dollar, up from N1,448.03 exchanged on Monday. This means that the Naira gained N0.6 against the dollar on a

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