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Naira Set for Worst Year Since 1999 With No Rebound in Sight

Naira Set for Worst Year Since 1999 With No Rebound in Sight
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Nigeria s Naira Among World s Worst Performing Currencies, Set For Worst Year Since 1999 With No Rebound In Sight –Bloomberg Report

The outlook of Nigeria’s naira in 2024 is gloomy as the currency of the largest black country in the world is poised for its worst year since the return to democracy in 1999.   With foreign reserves of $32.8 billion, the lowest in a six-year, analysts predict further depreciation in 2024, Bloomberg reports.  

Capital market sustains upswing amid subsidy removal, forex crisis

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