Naira Responds Favorably to FX Code Introduction, Gains Value in Official and Parallel Markets
In an apparent reaction to the official launch of the FX code by the Central Bank of Nigeria, the Nigerian currency, the naira, appreciated massively against the dollar at both the parallel and official foreign exchange markets on Tuesday, January 28, 2025. Ripples Nigeria reports that the CBN, on Tuesday, January 28, 2025, officially launched…
