ABUJA, Feb 26 (Reuters) - The Nigerian central bank said on
Friday that the naira now hovers around 410 per dollar on the
official window compared to 360 naira last March in order to
adjust to dollar shortages following the fall in foreign
investment and oil prices.
The bank said its foreign reserves of more than $35 billion
was sufficient to cover more than seven months of imports,
compared with the recommended three months cover, it said in a
statement.