Naira ends week flat as reserves post 13-day losing streak

Nigeria’s naira closed a shortened trading week largely unchanged in the official market, even as the country’s external reserves extended a 13-day decline, underscoring persistent pressure on foreign-exchange buffers despite firmer oil prices and continued Central Bank support. Data from the Central Bank of Nigeria (CBN) showed the naira appreciated slightly by N3.09 to N1,380.79 […]

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