The naira has remained firm against the dollar since the country received $925m additional inflow from ‘Project Gazelle Funding Limited’, a crude oil forward sales deal between the Nigerian National Petroleum Company Ltd and the African Export-Import Bank (Afreximbank).
The naira ended the trading week on Friday, June 14, 2024, at N1473.6 per dollar at the Central Bank of Nigeria’s weighted average rates compared to the N1474.7 on Monday, June 3, 2024.
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