Naira Strengthens As Foreign Reserves Hit $42.2 Billion And CBN Sustains FX Interventions
Nigeria’s naira is showing fresh resilience on the back of stronger foreign reserves and steady FX interventions, with analysts projecting sustained stability across the currency market. External reserves climbed to $42.225 billion last week, the highest since 2019, supported by rising oil inflows and offshore portfolio investment. Analysts now expect reserves to reach $45 billion … Continue reading Naira Strengthens As Foreign Reserves Hit $42.2 Billion And CBN Sustains FX Interventions
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