Naira Weakens Despite Reserves Hitting 17‑Year High
Nigeria’s foreign exchange market remained under pressure last week, with the naira depreciating in the official window even as the ...
Tag: Nigeria forex market
Naira Gains as Nigeria Records $1.98bn Weekly FX Turnover
Nigeria’s currency posted modest gains against the US dollar after weekly foreign exchange turnover climbed to $1.98 billion, underscoring improving ...
Naira Strengthens to N1,367/$ as May Trading Opens Firm
Nigeria’s currency opened May on a stronger footing, with the naira appreciating to N1,367 per dollar in the first trading ...
Nigeria Forex Market Reform Boosts Jobs, Economic Growth
Nigeria’s foreign exchange market is showing signs of greater structure and efficiency, a shift that is beginning to support job ...
