Naira extends gains across forex markets

The naira appreciated further against the United States dollar across foreign exchange markets on Wednesday, data gathered from both market segments showed.

According to market data published on the FMDQ website, naira closed Wednesday at N1,300/$1 as against N1,382.95 recorded in the previous market session on Tuesday.

Wednesday’s rate implies a 6.0 per cent appreciation from N1,382.95 posted on Tuesday.