Naira to strengthen to N1,200 in 12 months - Goldman Sachs According to global investment bank Goldman Sachs, there is anticipation for the Nigerian naira to appreciate against the US dollar in the coming twelve months. The bank predicts the exchange rate of the local currency to reach 1200 against the greenback in the short term, citing potential policy reforms that could bolster the currency's recovery. In a research report released recently, the New York-based financial institution pointed out positive signs such as the recent increase in interest rates by Nigerian monetary...