Naira Recovers Value After Fedral Government’s Combative Measures

Following aggressive actions against foreign currency whales that adversely affected the value of the local currency, pressure on the Nigerian naira decreased. The Naira advanced against the US dollar by 4.96% to settle at ₦1,582.94, according to data from the FMDQ website. Comparably, the Naira strengthened vs the US dollar on the parallel market, closing … Continue reading Naira Recovers Value After Fedral Government’s Combative Measures