See 3 factors responsible for dollar crash by over N100 in one week

  • The naira in the last few days has been improving against the US dollar in all foreign exchange markets
  • The sharp rise of the naira followed the introduction of a transparent trading system which curbed speculation
  • ABCON President Aminu Gwadabe is in an exclusive chat with Legit.ng explained the naira’s good performance

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

he Nigerian naira has appreciated significantly against the US dollar, strengthening by over N200 from an exchange rate as high as N1,780 to N1,500 in the past week.