Nigeria's Naira Strengthens as Oil Rises and Trade Worries Ease
Nigeria's naira rose for a seventh day to a two-month high against the dollar on Tuesday amid higher oil prices and as investor concerns over US trade tariffs eased.
The unit gained 0.7% to 1,539 per dollar at 3:05 p.m. in Lagos, its strongest level since early April as oil prices rose to $67.50 per barrel and US-China trade talks in London entered a second day.
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