Naira trades below N1,350/$ for the first time since May 2024
The naira appreciated to N1,349.5 per US dollar in the official foreign exchange market on Tuesday. This marks the first time it has traded below the N1,350/$ threshold since May 29, 2024. Data from the official market shows the currency improved from Monday’s rate of N1,354.9 per dollar. The appreciation reflects sustained gains in the…