See World Bank list of worst performing African currencies

  • The Nigerian naira has been ranked among the worst-performing currencies in Sub-Saharan Africa for 2024
  • World Bank revealed that since the start of 2024, the value of Nigerian currency has depreciated by 45%
  • There is no respite yet for the naira as it continues to perform poorly in the official and unofficial markets

The World Bank has ranked the Nigerian currency as the third worst-performing in sub-Saharan Africa.

This was revealed in the October 2024 edition of Africa’s Pulse report, published by the World Bank and obtained by Legit.ng.