The International Monetary Fund (IMF) has said that the naira remains significantly undervalued despite recent gains against the United States dollar following Nigeria’s foreign exchange reforms.

The Nigerian naira maintained relative stability against the United States dollar at both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market

The Nigerian naira traded relatively stable against the United States dollar on Tuesday, June 16, 2026, at both the official Nigerian Foreign Exchange Market (NFEM) window and the…

The International Monetary Fund (IMF) has said that the naira remains significantly undervalued despite recent gains against the United States dollar following Nigeria’s foreign…