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CBN naira devaluation

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Naira Devaluation Shrinks Nigeria’s GDP By $193bn

The recent devaluation of the Naira has shaved about $193 billion off Nigeria’s gross domestic product (GDP) when converted from naira to dollar. This fact was thrown up by an analysis of the latest statistics released by the National Bureau of Statistics
November 28, 2023
Official Exchange Rate Falls To N847
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Naira Falls To N847/$ Official Exchange Rate

The official exchange rate witnessed a sharp decline, with the naira weakening to N847 against the dollar, marking a 6.93% drop from yesterday’s rate of N793. Data sourced from the official NAFEM window reveals this significant shift. READ ALSO:Experts Call For Local
October 25, 2023
Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025) 
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Naira Now Undervalued – Bank Of America

Following the floating of the naira in the foreign exchange market, the Bank of America (BoA) says the local currency has moved from being overvalued to undervalued. The American multinational investment bank projects that the value of the naira would settle at
June 30, 2023

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