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Nigerian Currency ‘Most Competitive in 20 Years,’ Says World Bank

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Nigerian Currency ‘Most Competitive in 20 Years,’ Says World Bank
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Source: Bitcoin.com

Nigerian Currency 'Most Competitive in 20 Years,' Says World BankNigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fiscal collapse. While the naira’s devaluation has exacerbated poverty and raised concerns about civil unrest but […]

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Author: Terence Zimwara

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