February 7, 2025
Analysts predict further naira devaluation as official, parallel markets gap widens

Financial experts have warned of a further devaluation of the Naira in 2023, citing the worsened exchange rate convergence across the regulated and open market in 2022 as pointers. Within twelve months, the exchange rate between the naira and the dollar rose to N461.50/$1 as at Friday…
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