Naira Finally Improves At The Interbank Rate

Naira has made a significant improvement at the interbank level while the black market value remains the same.

These are the currency exchange rates for 12th of August, 2016 as at 10:00am as powered by Zenith Bank.

The fate of the naira against the dollar has increased the rate of inflation in Nigeria considering the fact that Nigeria practises an import-based economy.