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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: 2022 Article IV Consultation-Press Release; Staff Report
Nigeria's naira at record low despite improving FX liquidity
Nigeria's currency has fallen to a record low as inflation surges
Nigeria: 2022 Article IV Consultation-Press Release; Staff Report
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USD/NGN Naira Devaluation Sees Nigeria's Currency Plunge to Record
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Solved During the current year, Robby's Camera Shop had
