In 2024, the euro steadily weakened against the dollar, dropping from 1.12 USD/EUR in September to about 1.02 USD/EUR by January 2025, directly causing the CFA franc to lose ground against the dollar.
UPDC’s share price has surged a whopping 94.97% YTD, making it the third-best performing stock on the Nigerian Exchange as of February 21, 2025.