Naira falls by 40%, Africa’s worst currency – WBank
Nigeria’s currency, the naira, is among the worst-performing currencies in Africa, so says the World Bank. In June 2023, the Central Bank of Nigeria directed Deposit Money Banks to remove…
Nigeria’s currency, the naira, is among the worst-performing currencies in Africa, so says the World Bank. In June 2023, the Central Bank of Nigeria directed Deposit Money Banks to remove…
Businesses are getting hit and are turning to the black market to get dollars at a premium of over 20 percent to fund critical imports. The choice of the black…