Naira Bounces Back To 1,275/$ At Parallel Market

The naira strengthened by N125 over the weekend to reach N1,275/$1, indicating that it is starting to gain strength versus the US dollar. The new exchange rate is 9.8% more than what it was trading for at the end of Friday’s trading session, which was N1,400 to the dollar. This occurred when the Senate, via its Committee … Continue reading Naira Bounces Back To 1,275/$ At Parallel Market