Asian markets advanced Friday, with Shanghai gaining two percent as China's weak yuan currency defied US President Donald Trump's criticism of a strong dollar and Fed rate hikes.

Gains by the dollar in the wake of the Federal Reserve chief expressing confidence in the US economy despite global trade war fears helped push European stocks higher on Wednesday.

Tokyo stocks opened higher on Monday, extending rallies in New York with the cheaper yen also supporting the market.

The euro recovered slightly against the dollar on Friday after a slump triggered by the European Central Bank saying it would hold off hiking interest rates at least for another year, while stock markets diverged ahead of US President Donald Trump's decision on whether to hit China with fresh tariffs.

The dollar extended gains against its peers in Asian trade Wednesday as investors await a key Federal Reserve decision later in the day, but most equity markets dipped.

An economist, Dr Chijioke Ekechukwu, says the naira will gain strength against the dollar when the Nigeria -China currency swap takes effect.

Asian markets mostly fell with Wall Street while the dollar extended gains Wednesday as US interest rate worries resurfaced, while investors were also given a spook by North Korea's threat to pull out of a historic summit over US demands.

The dollar on Wednesday maintained most of its recent gains ahead of a key Federal Reserve policy announcement, while Asian equity markets struggled as investors returned from public holidays across the region.

There is no surprise that investing in girls and youth population will have a catalytic and multiplier effect. However, only a tiny fraction of international aid dollars is spent-and spent effectively-on needs specific to adolescent girls and youth population. In order to ensure money from various stakeholders are directed toward the development of the girl-child…

The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest rates, while most of Asia's major markets edged up after recent losses.

Though the Federal Government pegged the exchange rate at N305.25 to a dollar, the American Consulate in Nigeria exchanged N400 to a dollar in visa application fees for one fiscal year, until yesterday.

The dollar extended losses in Asia on Thursday after the Federal Reserve stuck to its target for interest rate hikes this year, but fresh fears of a trade war hit equity markets as Donald Trump prepared new sanctions on China.