Naira Makes Huge Recovery, Gains 7.2% Against DollarThe Naira experienced a significant recovery against the dollar, appreciating by 7.16% at the official market, trading at N1,142.38 to the dollar. This marks a gain of N88.23 compared to the previous trading date….……..CONTINUE READING…CONTINUE READING
The total daily turnover also increased to $281.34 million.
Economic experts attribute this steady appreciation to both fiscal and monetary policies implemented by President Bola Tinubu’s administration, including interest rate increases by the CBN to tackle dollar scarcity and reduce volatility.
Today’s Headline: Naira Makes Huge Recovery, Gains 7.2% Against Dollar, 1 Killed, 7 Injured In Niger
ByAllNigeria
Apr 14, 2024