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Naira Holds Near ₦1,370/$ as Official and Black Market Rates Finally Move Closer Together
BUSINESS
Naira Holds Near ₦1,370/$ as Official and Black Market Rates Finally Move Closer Together
The naira remained stable near ₦1,370 per US dollar as the official exchange rate and black market rate moved closer together. The narrowing gap signals improving foreign exchange liquidity and growing confidence in Nigeria's FX market. Here's what the latest CBN data means for businesses, importers, students paying tuition abroad, and everyday Nigerians.
✍️ NaijaToday Desk⏱ 10 min👁 2