Nigerian economy: Why the Naira is failing

Nigerian economy

In recent months, the Naira has been on a roller coaster journey. On the illicit market, the Naira depreciated to N545 per USD in September 2021. By the end of trading on October 21, 2022, the black market exchange rate for the Naira was N751/$1. On the other hand, the disparity between the parallel and … Read more