Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria

Rapportera: Nigerianska centralbankens incitamentsprogram misslyckades med att stoppa Naira-avskrivningen

Nigerias centralbank (CBN)’s försök att uppmuntra landet’s valutamarknaden genom den sk “Naira för dollar” schemat har misslyckats. Detta bevisas av den lokala valutan’s dopp av mer än 25% since the launch of the incentive scheme