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The Nigerian currency, the Naira has gained significantly over the past few weeks. The currency currently stands at N1,382 against the US dollar at the official market. This is coming off the heels of the cleared foreign exchange backlogs by the Central bank. In the past few weeks, the Naira has shed N500 against the dollar from its all time low during the year. The Naira gains momentum as it urges to N1,382 against the US dollar.The black market sees significant strength as Naira closes at N1,400 per USD on Wednesday.The Central Bank’s intervention pays off with the Naira’s resilience showcas…

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