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USD/NGN 1,327.88 ▾0.1%GBP/NGN 1,782.56 ▾0.5%USD/NGN black market ₦1,394GBP/NGN black market ₦1,879
USD/NGN 1,327.88 ▾0.1%GBP/NGN 1,782.56 ▾0.5%USD/NGN black market ₦1,394GBP/NGN black market ₦1,879

US rate hike threatens naira as investors eye safer dollars

The US Federal Reserve’s decision to raise interest rates by 25 basis points could increase pressure on emerging markets as investors reassess the returns available from dollar-denominated assets. The post US rate hike…

Aggregated · originally by Nairametrics
17 Sept 2026, 11:01 WAT · 3 min read
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Nairametrics

The US Federal Reserve’s decision to raise interest rates by 25 basis points could increase pressure on emerging markets as investors reassess the returns available from dollar-denominated assets. The post US rate hike…