Burger King Whopper index shows naira overvalued

A Burger King Whopper in Nigeria costs N3,000 while it is sold for $6.49 in the US.

The naira is overvalued by 11.8 percent, a BusinessDay analysis using the price of a Burger King Whopper as an index has shown. Inspired by the Big Mac index created by The Economist in 1986, the BusinessDay version compares the cost of buying a Burger King Whopper in six African countries – Ni

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