By JKNewsMedia FRESH GAINS by the Naira at the official foreign exchange market saw the local currency close at N1,369.10 to the dollar on Monday, strengthening from N1,370.45 recorded at the end of trading on Friday. JKNewsMedia.com reports that data published on the website of the Central Bank of Nigeria (CBN) showed that the currency [&hel...
By Jemimah Wellington, JKNewsMedia Correspondent MODEST GAINS closed August for the Nigerian currency as the Naira advanced against the United States (US) dollar across both the official and parallel markets, supported by improved foreign exchange inflows and a stronger external reserves position. Economic analysts linked the steady performan...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN naira experienced a slight depreciation against the US dollar in the official foreign exchange market on Thursday, marking its third consecutive daily decline. According to data from the Central Bank of Nigeria (CBN), the naira weakened to ₦1,538.66 per dollar on March 27, down from ₦1,...
