Naira appreciates against dollar at official, black markets as FX supply rises

Naira appreciates against dollar at official, black markets as FX supply rises …C0NTINUE READING HERE >>>

The naira further appreciated against the dollar at official and parallel foreign exchange markets amid FX supply rises to end the week on a good note.

FMDQ data showed that the naira appreciated to N1652.62 per dollar on Friday from N1658.57 per dollar exchanged on Thursday.

This indicated that the naira gained N5.95 against the dollar compared to N1658.57 traded on Thursday.

In the last 48 hours, the naira has recorded a N35 gain against the dollar.

Similarly, the naira…

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