The Nigerian Naira is among the worst-performing currencies in sub-Sahara Africa at the end of August 2024. The World Bank disclosed this in its latest edition of Africa’s Pulse report.
The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024. This is according to the latest edition of Africa’s Pulse, a new report by the World Bank.
Singer Naira Marley and his Marlian signees Zinoleesky and Vusic have come under criticism over their recent action amid ...
Some market watchers have said that factors such as the depreciation of the naira and the fuel prices will likely see inflationary trends re-emerge. These projections came ahead of the release of ...
The Naira strengthened significantly against the dollar at the foreign exchange market on Monday to resume on a good note. FMDQ data showed that the Naira appreciated to N1552.92 per dollar on ...
South Sudan’s pound (over 60%), Ethiopia's birr (51%) and Nigeria’s naira (over 40%) are the worst-performing currencies in Sub-Saharan Africa in 2024. Interestingly, the Kenya shilling is the ...
The naira’s value has fallen by more than 70% to around 1,553 per dollar on Monday from 465 per dollar before the reforms, the cost of gasoline has more than quintupled and the central bank has ...
The Nigerian naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa in 2024, according to the World Bank’s latest Africa’s Pulse report. As of August 2024 ...
The Naira on Tuesday depreciated at the official market, trading at N1,658.97 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the Naira lost N106.05.
“The naira’s real exchange rate is at its most competitive in at least 20 years,” said chief economist Indermit Gill. “This is a great opportunity for the private sector,” he told the ...
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