Finance & EconomyNews

Naira gains as CBN moves against prominent businessmen

Nigeria’s exchange rate at the NAFEX window remained stable for the fourth consecutive trading day to still close at N386/$1 during intraday trading on Thursday, September 17.

Also, the naira appreciated closing at N462/$1 at the parallel market as the Central Bank of Nigeria (CBN) intensifies its move against forex abuse by asking banks to send domiciliary accounts details of some prominent businessmen

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