Naira Surges As Nigeria Records 16th FX Receipts In 25-Day

The naira rebounded after a series of downturns in the foreign currency market following a steady growth in gross external reserves. According to statistics from the FMDQ Securities Exchange, the naira regained value versus the US dollar and settled below N1460. The local currency had crossed to N1520 due to an FX liquidity issue that … Continue reading Naira Surges As Nigeria Records 16th FX Receipts In 25-Day