Custodians of Truth
The U.S. dollar hovered near its highest level in seven weeks on Monday, following a surge driven by strong U.S. employment data and increasing tensions in the Middle East. The dollar’s recent gains stemmed from a U.S. jobs report that […]
The Nigerian naira showed resilience against the United States dollar on Thursday, marking a steady appreciation as it closed at 1,382/$ at the official market, marking an increase of N18. This positive development followed a warning from the Presidency to […]
While forex is scarce, naira has also been trading in recent time at weak rates both at the official and parallel market. As recorded by NAFEX, in the past six months, naira exchanges with the U.S dollar have been in […]