Naira Gains Value On Fresh Accretion Into FX Reserves

In the official window, the naira, the native currency of Nigeria, managed to recoup a meager gain of almost 2%, but the demand for US dollars slowed down ahead of Workers Day celebrations. The FMDQ Securities Exchange platform provided information indicating that the Naira appreciated by 1.98% vs the US dollar, with the spot rate … Continue reading Naira Gains Value On Fresh Accretion Into FX Reserves