According to a report by PUNCH, The naira appreciated marginally against the United States dollar to N1,609 on Wednesday at the official market from N1,615.94 recorded the previous day.
This indicates an increase of N6 or 0.37 per cent.
The slight improvement came on the heels of series of foreign exchange guidelines issued by the Central Bank of Nigeria in recent weeks.
Meanwhile, the Monetary Policy Committee on Tuesday raised the Monetary Policy Rate, also known as benchmark interest rate, by 400 basis points to 22.75 percent on Tuesday from 18.75 per cent in July 2023.
However, the news headline generated massive reactions among random social media users after it was shared on social media platforms by the news outlet, with many users taking to the comment section to react to the news by dropping different opinions below the post.
