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Naira further gains N12.50 at official market

3 months ago
by Sami Tunji

The Naira on Thursday further appreciated at the official market trading at N1,359.31 against the US dollar.

According to data released on the official website of the Central Bank of Nigeria, CBN, the Naira gained N12.50.

This represents a 0.9 per cent gain when compared to Wednesday when the local currency traded at N1,371.82 to the dollar.

The Naira has been relatively stable due to sustained CBN reforms.

NAN

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