Nigerian Naira Poised for Best Annual Performance Since 2018

Rising dollar inflows from increased oil revenues and remittances are insulating Nigeria's currency from typical political risks associated with its upcoming election season, driving it toward its strongest annual gain in nearly a decade.

3 Sept, 05:15 — 3 Sept, 05:15

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bloombergHigh3h ago

NGN/USD: Naira Set for Strongest Annual Gain Since 2018 Despite Elections

Nigeria’s currency is headed for its best performance in almost a decade, as rising dollar inflows from higher oil prices and remittances help insulate the naira from political risks usually associated with its election season, according to analysts.

By Emele Onu

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Nigerian Naira Poised for Best Annual Performance Since 2018

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NGN/USD: Naira Set for Strongest Annual Gain Since 2018 Despite Elections

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