The Nigerian naira gained ground against the US dollar across various foreign exchange markets this week, buoyed by the Central Bank of Nigeria’s (CBN) intervention and growing momentum behind a proposed dedollarization plan. CBN Intervention Boosts Naira The CBN injected a significant amount of US dollars into the market, selling $30.5 million to commercial banks … Continue reading Naira Strengthens On CBN Intervention, Dodolarization Plan Sparks Debate