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News Update

Recent market statistics have shown the Naira to be fighting back against the CBN’s intervention, now trading at N1510. A few months ago, the Naira hit an all-time low against the dollar, trading for over 1500 for the first time before the CBN intervened and the local currency began to buck its trend. Recent developments, however, indicate that the Naira has defied CBN’s measures and intervention.

NAIRA SHRUGS OFF CBN’S INTERVENTION, DIPS TO 1510/$

Recent market statistics have shown the Naira to be fighting back against the CBN’s intervention, now trading at N1510. A few months ago, the Naira hit an all-time low against the dollar, trading for over 1500 for the first time before the CBN intervened and the local currency began to…
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In a surprising turn of events on April 12, 2024, the Naira reached a remarkable milestone, closing at N1,142/$, backed by consistent interest rate adjustments and a steady flow of capital.

Naira Announced as Top-Performing Currency Globally

In a surprising turn of events on April 12, 2024, the Naira reached a remarkable milestone, closing at N1,142/$, backed by consistent interest rate adjustments and a steady flow of capital. Analysts at the esteemed Goldman Sachs Group have taken notice, acknowledging the Naira’s remarkable performance as the leading currency…
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