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Is Devaluation of the Naira Next after #FuelSubsidy removal? – Jide Salu's Diary

Is Devaluation of the Naira Next after #FuelSubsidy removal? – Jide Salu's  Diary

Nigeria's government may be forced to devalue the currency, the naira, in one of the next steps to deal with the economic crisis in the country.  That's the view Malte Liewerscheidt, the senior Africa analyst at UK-based risk consultancy Verisk Maplecroft, expressed following the decision by President Muhammadu Buhari's administration to scrap fuel subsidies.  He said:  The government…

Nigeria's latest devaluation may be 'turning point' in currency

Nigeria: 2022 Article IV Consultation-Press Release; Staff Report

Nigeria: 2022 Article IV Consultation-Press Release; Staff Report

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Naira loses 69% of its value against dollar since FX reforms

Nigeria's currency has fallen to a record low as inflation surges

Nigeria: 2022 Article IV Consultation-Press Release; Staff Report

Naira loses 69% of its value against dollar since FX reforms

Work i did twice - Name: Theodore Jones Jr. Date: 02.12.20 What to

Nigeria: 2022 Article IV Consultation-Press Release; Staff Report