February 28, 2017 / 9:54 AM / 6 months ago

Nigeria naira firms above four-month high on black market

LAGOS, Feb 28 (Reuters) - The Nigerian naira gained 2.2 percent to 450 per dollar on the black market on Tuesday, a more than four-month high, a day after the central bank intervened by selling dollars on the interbank market, traders said.

On Monday, the central bank sold $80 million to retail customers and another $100 million in currency forwards to increase dollar liquidity and support the naira. (Reporting by Chijioke Ohuocha; Editing by Catherine Evans)

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