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Naira Now Among Worst Performing Currencies Globally, Report Reveals

Naira Now Among Worst Performing Currencies Globally, Report Reveals   While officially, Nigeria’s naira can be said to be doing well this year, down just 4 per cent against a strong US dollar, ahead of the Canadian dollar and the Swiss franc, a Bloomberg report has...

Naira Weakens Further As Dominant Currencies Alter Pricing Decisions

Naira Weakens Further As Dominant Currencies Alter Pricing Decisions     With many trade transactions benchmarked against dominant currencies like the U.S. dollar, the International Monetary Fund (IMF), has expressed concerns that currency movements pose great challenges to developing countries’ domestic economy, especially trade. Indeed, the concerns...