February 9, 2025
Naira among Africa’s worst currencies, falls by 40% – World Bank declares

The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has pronounced. The international financial institution noted that the Nigerian currency weakened by nearly 40 per cent against the US dollar since a mid-June devaluation. The global bank explained in its report, ‘Africa’s Pulse: An analysis of issues shaping Africa’s economic future …
The article was originally published on Politics Nigeria…
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