Business Nigerian Naira Heads for Biggest Gain in 5 Months

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ProfRem

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Nigerian naira gains 1.3% to 280.10 against the US Dollar as at 11.38am in Lagos, commercial hub of the country.

The gain is poised for biggest advance since Feb. 16, 2016.

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According to Bloomberg, the Naira to dollar 3 month non-deliverable forwards also fell 0.1% to 290.85 to the US Dollar.

NOTE: Nigeria Oil Union Suspends Strike After Talks With Government.

NOTE: Nigeria Bureau of Statistics to announce June inflation data July 17
 
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