Naira strengthens against major currencies amid CBN policy interventions

The Nigerian naira made notable gains against the U.S. dollar in the parallel market on Friday, closing at N1,610/$1, an improvement from N1,630/$1 recorded on Thursday. The British pound also weakened slightly against the naira, trading at N2,000/£1 compared to N2,010/£1 the previous day, reflecting a 0.50% decline. Similarly, the euro depreciated, closing at N1,655/€1, [...]The post Naira strengthens against major currencies amid CBN policy interventions appeared first on National Daily Newspaper.

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