Naira Rises 2nd Day as Bank Sells Most Dollars in 8 Months
This article is for subscribers only.
Nigeria’s naira climbed for a second day after the central bank sold the most dollars at its twice-weekly sales in eight months.
The currency of Africa’s second-biggest economy gained 0.2 percent to 158.25 per dollar by 3:08 p.m. in Lagos, the commercial capital, according to data compiled by Bloomberg, bringing the weekly rise to the same level.