Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer

In the archetypal fractional of 2024, the Nigerian currency depreciated by astir 40%, making it the worst-performing currency during that period. Meanwhile, the Kenyan shilling appreciated by 20.7%, ranking it arsenic the champion performer. The depreciation of the Nigerian naira was chiefly driven by U.S. dollar shortages. Naira Falls for 9 Straight Days The Nigerian […]