Naira still stable as consumers anticipate appreciation next 12 months

Naira still stable as consumers anticipate appreciation next 12 months


1000 Naira notes

Nigeria’s currency on Friday remained stable at between N460 and N461 to the dollar on the black market as demand remained moderate. However, with indices of 5.3 points, consumers anticipate the naira to appreciate in the next 12 months according to third quarter (Q3) 2020 Consumer Expectations Survey (CES) released on Friday by the Central…

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