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Naira gains N2.50k as dollar liquidity improves - BUSINESSDAY

SEPTEMBER 17, 2020

… currency-in-circulation drop by 0.84% in August

by  Hope Ashike 


Nigeria’s currency gained N2.50k as the dollar traded at an average rate of N463.50k on Thursday from N466 on Wednesday on the black market. The naira appreciation was due to improved liquidity in the market. Bureau De Change (BDC) operators received some dollar allocation from the Central Bank of Nigeria (CBN) on Wednesday. The CBN…

https://businessday.ng/markets...

MARKET NEWS

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