Naira Gains After Central Bank, Shell Sell Dollars

Naira firmed 1. 5 percent on today, lifted by central bank intervention and dollar sales from multinational oil company Shell, dealers said.
The currency, which opened at 188.70 naira to the dollar, firmed to N185.60 by 1254 GMT, following the dollar sale.
The central bank asked commercial lenders to bid for $500,000, in a move to support the naira while Shell sold an undisclosed amount of dollars, dealers said. 
Source: Reuters

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