The Nigerian naira demonstrated further strength against the US dollar, closing at N750.14/$1 at the official market. The recent upswing in the naira’s value has been met with optimism by financial analysts, who attribute it to the Central Bank of Nigeria’s (CBN) initiative to clear a portion of its foreign exchange (FX) backlog, a move … Continue reading Nigerian Naira Strengthens to N750.14/$1 at Official Market