The Central Bank of Nigeria (CBN) intervened to support the naira, on Tuesday, after the local currency shed 0.57 percent from the start of the day's trade to 163.85 against the U.S. dollar, dealers said. The naira opened at 162.95 naira before it weakened on strong dollar demand. It recovered to 1
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp