Naira in Freefall: Nigeria's Currency Crisis Intensifies | Expert Analysis with Oladipo Ajayi

Author Avatar

News Central TV

Joined: Mar 2024
Spread the love


Naira in Freefall: Nigeria's Currency Crisis Intensifies | Expert Analysis with Oladipo Ajayi


@PerpetuaFasanmiPeter examines the mounting pressures on Nigeria’s economy, with a particular focus on the naira’s steep decline. Oladipo Ajayi, Head of Fixed Income and FX at Chapel Hill Denham, joins us to discuss the challenges posed by the upcoming maturation of $1.3 billion in naira futures, contributing to the naira becoming the world’s…

source

Reviews

0 %

User Score

0 ratings
Rate This

Sharing

0 0 votes
Article Rating
simple-ad

This is a demo advert, you can use simple text, HTML image or any Ad Service JavaScript code. If you're inserting HTML or JS code make sure editor is switched to 'Text' mode.

Subscribe
Notify of
guest
6 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

When a known drug known drug kingpin, a certificate forger, who is in bed with the Judiciary and INEC what else were you expecting?

@emmanuelogor1534

Why do Nigerian news reporters talk so fast you almost do not hear what they are saying

@Itotabright

U are missing the point

@Itotabright

Were is the security

@Itotabright

Increase productivity hw

@user-bt3iz7vi7q

Nigeria have incompetent and corrupt government with that said, let me point out a few weaknesses. 1) Nigeria is bless with wealth of resources but cannot even fully sell its full quantity, why? 2) heard Nigeria will direct trade with India but what is Nigeria going to do with Indian Rupees? What is Nigeria going to import from India that Nigeria cannot import from China who can supply better cheaper product such as electric high speed train, solar system, help to desertify the desert to grow crops…..etc. 3) where is the money earn from mining Lithium? If the government is not corrupt then the government should explain the amount of revenue from mining lithium will be earn and how it will be spend to gain investor confident. For god sick, Nigeria should do much better but the government is either corrupt or incompetent or both. Shame on the government and pity on the people.