nigeria fx market

  1. Analysts Predict Naira's Strength to Last Into 2025 Following Eurobond Success

    Nigeria Analysts Predict Naira's Strength to Last Into 2025 Following Eurobond Success

    The Nigerian naira has appreciated following Eurobond sales and the introduction of the Electronic Foreign Exchange Matching System (EFEMS), reaching N1,608/$1. Analysts predict continued strength into early 2025, bolstered by foreign portfolio investments, high treasury bill yields, and...
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