Naira Extends Gains As FX Market Stability Strengthens On Rising Reserves And Investor Inflows

The Nigerian naira opened the week on a firm footing, sustaining its recent appreciation at the official foreign exchange window amid improving investor sentiment and strengthening external reserves. At the Nigerian Foreign Exchange Market (NFEM) window, the local currency maintained upward momentum against the US dollar, supported by sustained central bank intervention and consistent foreign … Continue reading Naira Extends Gains As FX Market Stability Strengthens On Rising Reserves And Investor Inflows