Tag: Naira Dollar Exchange rate

Nigeria's external reserves reach 22-month high amid weak Naira
Economy

Naira rebounds to N1,400/$ as speculators offload forex

The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain against the greenback at the black market. This follows the announcement by the Central Bank of Nigeria the final settlements of all valid foreign exchange backlogs, fulfilling a key pledge of […]