The Nigerian Naira gained against the dollar on Thursday, 4th January 2024 at the official market to record the first gain in the new year 2024. Market watchers expected that a $2.25 billion injection from the African Export-Import Bank (Afreximbank) to ease the country’s forex crunch will have a positive impact on the local currency. The facility was intended to address the acute liquidity shortage in the FX market, since the unification of the FX market by the Central Bank of Nigeria (CBN) on June 14, 2023. READ ALSO: BREAKING:…
Read More1st Gain In New Year; Naira Appreciates 14% To N895.23 Per Dollar
