Naira now among worst in world, says Bloomberg

Nigeria’s money supply hits historic high of N122.9trn despite CBN’s policy tightening

Officially, Nigeria’s naira can be said to be doing pretty well this year, down just 4% against a strong US dollar, ahead of the Canadian dollar and the Swiss franc. But that is only a small part of the story. The official exchange rate is used only by the government and the well heeled -- ordi

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