The exchange rate between the naira and dollar appreciated yet again on the official EFEM market closing at N1,567/$1 on Thursday December 5, 2024.
This is the third consecutive day of exchange rate appreciation since the central bank migrated to the much touted EFEM platform.
At N1,567/$1 the naira has now posted the best closing rate since October 8th when it closed at N1,562/$1 when NAFEM under FMDQ was in use.
More to follow…
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