…Cites dollar liquidity President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has said the Nigerian currency, the Naira, continued its appreciation streak against the dollar, strengthening to N980/$ in the parallel market on Friday. Earlier in the day, the Naira had appreciated to N1, 040 against the dollar at the parallel section of the foreign exchange market. According to him, the currency rebound is the manifestation of measures of dollar liquidity injection and naira mopping through the instrumentality of interest rate hikes. He said,…
Read MoreNaira now N980/$ at parallel market- ABCON
