Naira firms to N370/$ at black market

by | June 2, 2017 1:23 am

The naira yesterday firmed to a record high of N370 to the dollar since February 20, when the Central Bank of Nigeria (CBN) began its intervention in the foreign exchange market. The CBN has been intervening on the official market to try to narrow the spread between the official interbank and black markets. It has…

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