The naira has continued to maintain a positive outlook and stability despite being tested by global and domestic headwinds, a situation that’s raising investors’ interest in the economy.
The stability and reduced volatility of the local currency follows Central Bank of Nigeria (CBN) reforms that brought efficiency in the management and operations of the FX market.
Despite geopolitical tensions and tariff wars ravaging some economies and their currencies across the world, the naira continues to maintain measured stability.