Black market operators on Wednesday did business at N1,400/$1 for dollars owners who were selling.
For users buying, the Naira closed N1,600/$ on Tuesday, it closed on Wednesday at N1,500/$1.
However, some forex dealers did quote N1,550/$1 to buyers.
However, operators were buying at N1,400/$1, allowing them a margin of N100/$1.
Naira Improves Against Dollar At N1,400/$1
Black market operators on Wednesday did business at N1,400/$1 for dollars owners who were selling.
For users buying, the Naira closed N1,600/$ on Tuesday, it closed on Wednesday at N1,500/$1.
However, some forex dealers did quote N1,550/$1 to buyers.
However, operators were buying at N1,400/$1, allowing them a margin of N100/$1.