Naira appreciated slightly against the US dollar in the foreign market on Wednesday….CONTINUE READING
Data from FMDQ showed that the Naira recorded a gain to trade at N1418.78 per US dollar on Wednesday from N1,433.89 on Tuesday.
This represents a 1.05 per cent or N15.11 gain compared to 1,433.89 recorded at the close of trading on Tuesday.
However, the Naira recorded a marginal loss at the parallel market, which traded at 1,420 per US on Wednesday from N1,420 on Tuesday.
Recall that the Naira took a different outlook on the US Dollar at the Foreign Market amid the Central Bank of Nigeria’s sweeping policy interventions nearly two weeks ago…CONTINUE READING>>
