Naira appreciates to N1,392/$ in parallel market

The naira appreciated to N1,392 per dollar in the parallel market, up from N1,396 on Tuesday. In the Nigerian Foreign Exchange Market, the naira also appreciated to N1,369 per dollar, down from N1,389 on Tuesday. Data from the Central Bank of Nigeria indicated that the margin between the parallel and official markets widened to N23 per dollar.