Liquidity rises, external reserves grow but naira falls

Nigeria’s currency on Friday weakened against the dollar despite increased liquidity and growing external reserves. After trading on Thursday, the foreign exchange market closed with Naira losing 0.24 percent to the dollar at N409.75k compared to N408.75k closed on Wednesday at the Investors and Exportes (I&E) forex window, data from the FMDQ indicated. The Naira…


Dear Reader,
Every day, we strive to bring the most accurate, up-to-date, and complete information to our readers like you. It requires money to produce good journalism. We're asking for your help today to help us do more. Your contribution ensures that Metro Times can continue to provide good journalism to people all over the world.  Donate or sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Union Bank Plc
Micnaij Media Ltd

Whatsapp: +234 701 162 0455
READ MORE:  Ex-Governor, Abdullahi Adamu heads APC national reconciliation committee

Leave a Reply