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Naira records gains in black market despite rate cut | Mukoko News

HomebusinessNaira records gains in black market despite rate cut

business1 min readBy Hope Moses-Ashike

Naira records gains in black market despite rate cut

BusinessDay Nigeria

By Hope Moses-Ashike·September 23, 2026·Nigeria

Image via BusinessDay Nigeria. Supplied with the article; rights remain with the copyright holder.

AI summary

The Naira slightly appreciated in the black market despite the Central Bank's rate cut.

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The naira appreciated slightly in the parallel market, also known as the black market on Wednesday, despite the Central Bank

read more Naira records gains in black market despite rate cut

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economy bdrecent naira black-market central-bank currency-appreciation

About this article

Length: 31 words · 1 min read
Published: September 23, 2026
Byline: Hope Moses-Ashike
Source: BusinessDay