The Central Bank of Nigeria (CBN) has reported that businesses, while optimistic about the broader macroeconomic environment, anticipate further depreciation of the naira this month and…
Browsing: Naira depreciation
Gbolahan Olojede, a Financial expert said people betting against the Naira caused the currency to depreciate. He added that there had been no fundamental solution to…
The Naira remained under pressure and fell across the foreign exchange (forex) markets as skepticism continued to fuel foreign inflows into the market. Official data and trading…