Why the Naira Remains Stable Against the Pound

Thenews_chronicle | 03-07-2025 11:06pm |

Despite the recent fall of the British pound on foreign currency markets, Nigeria’s naira was still firm against the pound in the parallel market but fluctuated at around approximately ₦2,200 to a £1. Even though the pound itself is actually experiencing its time of correction with rising fiscal worries at home in Britain, [...]

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