Nigerian Development Economist Prof. Ken Ife predicts Naira appreciation may lead to decreased prices in transport, diesel, and imported goods sectors.
Nigerian Development Economist, Prof. Ken Ife, predicts the Naira's appreciation against the dollar may result in decreased prices in sectors dependent on transport, diesel, and imported goods. This is due to reduced diesel prices and the government's actions against currency speculation. The Naira's appreciation contributes to stabilizing the currency and could ease financial burdens on Nigerians.
March 31, 2024
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