Naira strengthens further against Dollar

The Naira continued its upward trend on Wednesday, appreciating further at the official market and closing at N1,596.70 to the U.S. dollar.According to data released on the Central Bank of Nigeria’s official website, the local currency gained N3.33 against the dollar.This improvement represents a 0.21 per cent appreciation compared to the rate of N1,600.03 per dollar recorded at the close of trading on Tuesday.The Naira had already shown signs of resilience earlier in the week, gaining 0.