Naira Steadies at N1,548/€ as Reserves Grow
Nigeria’s currency found rare stability on Friday, holding at 1,548 naira to the euro in official trading. The Central Bank of Nigeria has built a foreign exchange buffer that currently fluctuates between 54.08 billion and 54.13 billion dollars. That haul marks the highest reserve level recorded by the monetary authority since December 2008. The steady…
