Nigerian Firms Forecast Further Naira Depreciation

A caller Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further earlier strengthening successful precocious 2024 oregon aboriginal 2025. This pessimism comes contempt the CBN injecting millions into the forex market. The naira’s depreciation has fueled inflation, sparking protests. While astir businesses are pessimistic astir the naira’s contiguous future, […]