NAIRA SURGES! Dollar Sellers Scramble as Naira Gains Momentum
The Nigerian Naira has witnessed a dramatic surge against the dollar, leaving dollar sellers in a frenzy as they struggle to offload their holdings. This remarkable turnaround comes on the heels of the Central Bank of Nigeria’s (CBN) introduction of the Enhanced Foreign Exchange Market System (EFEMS). The new system has injected much-needed transparency and…