The Naira, the indigenous currency of Nigeria, started the week off on a fairly even keel as prices at the Investors’ and Exporters’ foreign exchange window, where rates are being unified, closed at 464.5 per US dollar. In his inauguration address, Nigeria’s new president, Bola Tinubu, unveiled a strategy to harmonize the country’s several foreign … Continue reading Naira’s Value Balances Despite Plans To Converge FX Rates