Naira gains massively against dollar

Naira gains massively against dollar …C0NTINUE READING HERE >>>

The Naira significantly gained against the dollar at the foreign exchange market 24 hours after depreciation.

FMDQ data showed that the naira appreciated to N1,555.75 per dollar on Wednesday from N1637.59 on Tuesday.

This represents an N81 gain against the dollar compared to N1,637.59 exchanged on Tuesday.

Further analysis showed that the Naira’s appreciation on Wednesday surpassed the N57.13 depreciation recorded on the previous day.

Similarly, Dayyabu Ashiru, a Bureau De Change…

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