The naira, has been positioned among the 10 most terrible performing monetary standards on the planet, as per a report by Bloomberg. The report features that five of the most awful performing monetary forms universally are from Africa, including the Zambian kwacha, Angolan kwanza, and the nigerian local currency. Economic difficulties, volatile commodity prices, inflationary […]
Tag: Naira Devaluation
CBN – Abuse Nigerian Currency Go To Jail says the Central Bank of Nigeria to all and sundry as the power house expresses displeasure at the rate of naira abuse. The financial power house has expressed displeasure at the rate at which Nigerians and non – citizens ‘mutilate, deface, squeeze and even spray and sell’ […]