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CATEGORY: bola ahmed tinubu

Nigeria Currency Presently Undervalued Says Bank of America Analysts
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 04, 2023 05:50

Nigeria Currency Presently Undervalued Says Bank of America Analysts

According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. The analysts assert that higher oil revenues and a liberalized import regime will likely see Nigeria record current account surpluses in the medium term. Freely Floating Naira Just under a month [...]

The post Nigeria Currency Presently Undervalued Says Bank of America Analysts appeared first on Crypto Breaking News.

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Nigerian Central Bank Blasts Naira Devaluation Report — Publication Stands by Its Story
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 02, 2023 10:30

Nigerian Central Bank Blasts Naira Devaluation Report — Publication Stands by Its Story

The Central Bank of Nigeria (CBN) said on June 1 that the report claiming it had devalued the local currency to N631 per dollar “is replete with outright falsehoods and destabilising innuendos.” The Nigerian publication Daily Trust has said it stands by its story and called on the central bank to provide facts to disprove [...]

The post Nigerian Central Bank Blasts Naira Devaluation Report — Publication Stands by Its Story appeared first on Crypto Breaking News.

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