Naira Faces Uphill Battle as 2023 Ends With No Relief in Sight

Azeez Mustapha

Updated:

In a turbulent economic year, the naira, Nigeria’s currency, has experienced a sharp decline, shedding more than half of its value against the US dollar in official markets and even more in the parallel market. Bloomberg identifies it as the world’s worst-performing currency, trailing only behind the Lebanese pound and the Argentine peso. The primary […]

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