Why the Naira Is Among the 10 Worst Performing Currencies Globally

The naira is among the 10 worst-performing currencies globally, according to a Bloomberg report. Experts point to poor economic policies, dollar shortages, and unstable oil prices as key reasons for the naira’s devaluation, despite recent reforms aimed at liberalizing Nigeria’s foreign exchange market.   Nigeria’s local currency, the naira, has been ranked among the 10 […]