Naira Appreciates As Banks Comply With CBN Directives To Offload Dollars Into FX Market
The free slide of the Naira occasioned by pressure on the foreign exchange (FX) market is beginning to ease as the naira recovered after commercial banks offloaded dollars into the official market in response to 24 hours given by the Central Bank of Nigeria (CBN). This became noticeable as the volume of dollar transactions by…