Nigeria, Jan. 30 -- Supported by a weaker global dollar and improved domestic liquidity, Nigeria's currency gained further on Thursday, ending at N1,385 to the US dollar in the official foreign exchange market.



Central Bank of Nigeria Data from the Nigerian Foreign Exchange Market showed the naira rising from earlier in the week, mirroring a stronger tone and a more consistent dollar supply.

The currency traded as high as N1,367 to the dollar during the session before dropping to finish around N1,385, an advance from N1,394 noted a day earlier.



Rising foreign exchange inflows, together with measures aimed at restoring trust in Nigeria's currency system, led The News Chronicle to conclude that the most recent appreciation was dri...