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Naira Strengthens: Hits 5-month peak...

Naira Strengthens: Hits 5-month peak as FX...

Dangote Refinery offers significant advantages...

Dangote Refinery offers significant advantages beyond price...

Naira Strengthens: Hits 5-month peak as FX market shows signs of stability

Naira Strengthens: Hits 5-month peak as FX market shows signs of stability Story by Martha Gwary   The naira continued its upward momentum this week, hitting a new five-month high on the Nigerian Foreign Exchange Market (NAFEM). The currency closed at N1,500.91 to the U.S. dollar, marking the second time this week it has broken below the N1,500/$ threshold—a significant achievement for 2025. Data from Wednesday's trading session showed the naira trading in a tighter band of between N1,498/$ and N1,507/$, reflecting its renewed resilience. This follows its previous close at N1,506/$ on...

Naira Strengthens: Hits...

Naira Strengthens: Hits 5-month peak as FX market shows signs of stability Story by Martha Gwary   The naira continued its upward momentum this week, hitting a...

Dangote Refinery offers...

Dangote Refinery offers significant advantages beyond price reduction, by Abubakar M. Kareto Nigeria's current allocation of 30-40% of its FX to petrol imports exerts substantial...
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