Nigeria's exchange-rate gap has exceeded 6%, raising FX arbitrage concerns. While the naira strengthens officially, parallel ...
The disparity between official and parallel market exchange rates has widened to over 6%, sparking concerns of an arbitrage opportunity for ...
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Nigeria's naira appreciated 3.6% in January as foreign investment returned, bolstered by rising reserves over $46 billion, enhancing currency stability amid reforms.
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CBN reforms, rising oil prices lift FX fortunes
Nigeria’s foreign exchange environment is seeing a notable turnaround as reforms by the Central Bank of Nigeria combine with a fresh rally in oil prices to support the naira, boost external reserves ...
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