Why the naira gained in official market after CBN's new rule to BDCs

• The Nigerian currency recorded an N82 gain in the official market on Monday, February 26, 2024
• The naira exchanged for N1,582.94 per dollar as against the N1,665.5 traded on Friday, February 23, 2024
• The local currency, however, depreciated in the parallel market after days of gains to trade at N1,680 per dollar

Legit.ng’s Pascal Oparada has reported Tech, Energy, Stocks, Investment and the Economy for over a decade

The Nigerian currency, the naira, experienced a slight depreciation in the parallel market, trading at N1,680 per dollar after days of gains.

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