The naira appreciated against the US dollar last week as Nigeria’s Bonny Light crude price climbed to $81 per barrel, according to data from the Central Bank of Nigeria (CBN). The local currency maintained relative stability, benefiting from a weaker dollar globally. The US dollar index held at 97.2 on Friday, near its lowest level … Continue reading Naira Strengthens, Reserves Rise As Bonny Light Crude Hits $81