- According to analysts, the Nigerian currency, the naira, will depreciate to N1,800 in the coming year
- Financial analysts at Afrinvest disclosed that despite the rise in Nigeria’s FX reserves, the exchange rate volatility will persist
- The development comes as the naira strengthened against the US dollar on Friday, December 27, 2024
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.
As volatility continues, the Nigerian naira is expected to depreciate to a fair value of N1,804.45 in 225.
