Dollar inflows into Nigeria’s official foreign exchange market weakened sharply last week, signalling renewed caution among foreign investors despite recent market reforms.
Data from...
Continuing its recovery on Monday, the Nigerian naira rose against the U.S. dollar in both official and parallel markets, extending its consistent upward trend...
Beginning September, the Nigerian naira exhibited a stable showing in the parallel market, trading under N1,550 to the dollar, while the U.S. dollar started...