Naira Roars Back: Remarkable Recovery Against Dollar Signals Market Confidence Surge
Nigeria's local currency, the naira, has staged a remarkable recovery, showcasing a resurgence in market confidence. The naira's upward trajectory...
CBN Boosts Forex Market: Sells Dollars to BDCs Below Market Rate N1,101/$1
Nigerians carefully clutch their handkerchiefs as they navigate the latest development from the Central Bank of Nigeria (CBN), which has...
Naira Ascends: Robust Recovery Sparks Optimism in April Currency Markets
Following the Easter holiday hiatus, the foreign exchange market sprang back into action with notable developments. The Naira commenced trading...
Naira Strengthens to N1,290 per USD Amid CBN Interest Rate Hike
In a remarkable turn of events, the Nigerian Naira has continued its upward trajectory against the US dollar, reaching new...