Naira Strengthens Across Official And Parallel Markets As Dollar Supply Improves

Nigeria’s foreign exchange market opened the week on a positive footing as the naira recorded gains across both the official and parallel segments, buoyed by improved dollar liquidity and a notable absence of aggressive foreign currency demand. Market activity on Monday showed that dollar supply comfortably outweighed demand for foreign payments, easing pressure on the … Continue reading Naira Strengthens Across Official And Parallel Markets As Dollar Supply Improves