- The naira recorded an improvement in value against the United States dollar in the foreign exchange market
- The new data showed that the naira improved in the official market by 0.09% and also N30 in the unofficial market
- The CBN Electronic Foreign Exchange Matching System (EFEMS) introduction has been a magic wand for the naira
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The value of the Nigerian currency, the naira, continued to strengthen against the US dollar in all foreign exchange markets.
