Naira extends gain at official market, as foreign reserve crosses $40bn mark

Naira sustained its gain against the U.S dollar at the official market on Monday, stretching the currency’s appreciation momentum to three business days.

According to data from the FMDQ securities exchange window, the Naira to US dollar exchange rate closed at N414.07/$1 on Wednesday, October 20 following the Eid-el-Maulud holiday…

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