The Naira Is On a Roll: Inside Nigeria's Currency Rally
For much of the past few years, conversations about Nigeria's naira have centered on depreciation, volatility, and a widening gap between the official and black-market exchange rates. In July 2026, the story has flipped. The naira has strengthened for several straight sessions against the US dollar, and both everyday traders and analysts are trying to figure out how long the rally can last.
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