Analysts and other stakeholders in the Nigerian economy have described the proposed naira-US dollar exchange rate of N435.57 in the 2023 budget as unrealistic, given the challenge of low foreign exchange inflows and sustained rise in the dollar index.
They said based on the current parallel marke
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
