Naira holds at N1,950/£1 as British Pound outlook weakens 

The Nigerian naira demonstrated some stability in relation to the British pound, trading at N1,950//£ at the official market. This represents a minor depreciation of the naira thus far this year due to stabilizing Nigerian reforms and economic challenges in the United Kingdom. Divergent economic recoveries between the two economies and policy responses have caused […] The post Naira holds at N1,950/£1 as British Pound outlook weakens  appeared first on Nairametrics.