Naira Official Rate Nears N1,400/$,Signals Improving FX Liquidity
The Nigerian naira extended its recent rally at the official foreign exchange market, trading near ₦1,400 against the US dollar during midweek sessions on the Nigerian Foreign Exchange Market (NFEM). Figures released by the Central Bank of Nigeria (CBN) showed that the local currency gained 1.26 per cent on Tuesday, with the dollar quoted at…