Naira Strengthens As Dollar Supply From Exporters Lifts Market Liquidity

The Nigerian Naira posted strong gains last week against the US dollar in the official foreign exchange market, buoyed by significant inflows from exporters. According to data from the Central Bank of Nigeria, the exchange rate improved to ₦1,579.40/$, compared to the previous rate of ₦1,580.44/$. This marks the second consecutive week of appreciation for … Continue reading Naira Strengthens As Dollar Supply From Exporters Lifts Market Liquidity