Tag: Naira
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Investors Rotate Back to Naira Funds as Dollar Appeal Fades
Naira-denominated mutual funds recorded a sharp rebound over the past year as investors reduced exposure to dollar-based assets, signalling renewed confidence in local currency...
Naira Strengthens to New High as Market Forces Drive FX Gains
The naira strengthened to a fresh high, closing at N1,372.91 to the dollar at the official foreign exchange market on Tuesday, signifying increasing trust...
Naira Starts February Firmer as FX Market Shows Better Alignment
The naira opened February on a positive note, strengthening at the official foreign exchange market to close at N1,384.5 to the dollar on the...
Naira Wraps Up January Firmer as FX Market Confidence Improves
At the official foreign exchange window, the naira closed the first month of 2026 on a higher note, reaching N1,391 to the dollar at...
Naira Rallies to N1,385 per Dollar on Strong FX Momentum
Supported by a weaker global dollar and improved domestic liquidity, Nigeria's currency gained further on Thursday, ending at N1,385 to the US dollar in...
