Investors cut Dollar holdings as FPIs renew interest in Nigeria

There are growing indications that local investors who previously piled into dollar assets are now trimming their holdings as Foreign Portfolio Investors (FPIs) renew interest in Nigeria’s financial markets. Analysts attribute this shift to tighter monetary policy, naira appreciation, and the lure of high-yield opportunities in naira-denominated assets. Nigeria’s aggressive interest-rate stance has driven yields

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