World Bank Lists Naira Among Worst-Performing Currencies In Africa

The World Bank has ranked the Nigerian Naira among the worst-performing currencies in Sub-Saharan Africa. In a report titled “Africa’s Pulse: An Analysis of issues shaping Africa’s economic future (October 2023 | Volume 28)”, it was stated that the Naira has weakened by 40 percent since the mid-June 2023 devaluation. It was also noted that … Continue reading World Bank Lists Naira Among Worst-Performing Currencies In Africa