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Naira gains ground: Strengthens against Euro, settles at N1,606/€1

The Nigerian naira strengthened against major European currencies during the week’s fourth trading session.


CBN data indicated the naira closed at N1606/€1 on Thursday, a modest rise from Wednesday’s N1644/€1.


Market trends show ongoing pressure from naira bulls, which led to a noticeable easing of the EUR/NGN rate.

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