Tag: currency appreciation

Naira strengthens: Parallel market rate falls to N1,490/$ as official rate hits N1,420

Business Damilola Bayonle -
Naira Strengthens in Parallel Market as Gap with Official Rate Narrows Nigeria’s foreign exchange market witnessed a modest but significant...

Naira records strongest gain against dollar as external reserves Hit $41.24b

Business Damilola Bayonle -
The Nigerian Naira recorded its highest single-day gain against the U.S. dollar this week at the official foreign exchange...

Dollar Rises in Asia Amid Trade Deal Optimism

Business Damilola Bayonle -
The US dollar gained ground across Asian markets on Tuesday, buoyed by renewed optimism over potential international trade agreements...