Naira Weakens Further in Both Official and Parallel Markets
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#f4e83713 ver:1.54

The Nigerian Naira continues to weaken in both official and parallel markets due to lack of interventions by the Central Bank of Nigeria (CBN) and increased demand for foreign currency. This depreciation affects purchasing power, inflation, and the overall economy. The Naira has become one of the worst-performing currencies globally. Efforts by the CBN and the Economic and Financial Crimes Commission (EFCC) aim to stabilize the exchange rate and prevent further devaluation. Fluctuations in the forex market are influenced by economic and geopolitical factors. #Naira #Forex #CBN #Economy...

#newstr #Naira #ForeignExchangeMarket #CurrencyExchangeRate #NigerianCurrency #NigerianAutonomousForeignExchangeMarket 

 https://here.news/story/f4e83713?ver=1.54