– Nigeria TV Info Report

📰 Current Exchange Value:
According to Nigeria TV Info, the value of the Nigerian naira is strengthening in early July. The official market rate stands at ₦1,525/USD, while the black market hovers around ₦1,567/USD. This is driven by Central Bank policies and increased investor demand for high-yield bonds.

📌 Why This Matters:

Helps ease inflationary pressure, improving purchasing power.

Signals rising foreign capital inflow – a positive indicator for Nigeria’s economic confidence.