Naira Strengthens Following Central Bank Dollar Injection Amid Easing FX Pressure

The Nigerian naira made a notable recovery at the close of the week, firming up against the US dollar to settle at ₦1,532.34/$ on Friday, following a two-day depreciation streak. The rebound came as the Central Bank of Nigeria (CBN) stepped in with targeted forex sales to curb mounting demand and restore equilibrium in the … Continue reading Naira Strengthens Following Central Bank Dollar Injection Amid Easing FX Pressure