See the list of factors that will move naira to stability in 2024

  • The anticipated range for the naira exchange rate in the second half of this year is N1,423.26 to N1,550
  • The analysis predicts that the naira will stay steady for the remainder of the year because of World Bank loan and Dangote refinery
  • The viability of these actions depends on increased cash inflows from higher export earnings and greater crude oil output

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

The second half of this year is expected to see the naira exchange between N1,423.26 and N1,550, according to a research by United Capital titled Balancing Act: Nigeria’s Path to Stability.