Naira Faces Fresh Devaluation Fears as Global Oil Prices Falter Amid Trump’s Tariff War

Tekedia | 18-04-2025 10:40am |

Nigeria may be inching toward another round of currency devaluation as global crude oil prices, rattled by a fresh round of tariff salvos from U.S. President Donald Trump, threaten the delicate foundation of the country’s 2025 budget. The price of Brent crude, the international benchmark for oil, is currently trading at $66.62 per barrel, nearly [...]The post Naira Faces Fresh Devaluation Fears as Global Oil Prices Falter Amid Trump’s Tariff War appeared first on Tekedia.

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