Naira Faces Increased Pressure As U.S. Dollar Strengthens Amid Trump’s Election Bid

Naira faces mounting pressure as the U.S. dollar strengthens, driven by speculation around Donald Trump’s potential return to the U.S. presidency. Currently, the naira trades at N1,664.91/$ in the official NAFEX market, while the parallel market sees the currency hover near N1,730. While the U.S. election remains too close to call, the dollar gains ground … Continue reading Naira Faces Increased Pressure As U.S. Dollar Strengthens Amid Trump’s Election Bid