Recent renewed naira weakness, occasioned by forex scarcity, could, “weigh on investors’ confidence and increase inflationary pressures,” Financial Derivatives Company (FDC) has said. The firm, which stated this in the latest edition of the “FDC Commodity Update,” also warned about the recent drop in the price of crude oilthe commodity from which Nigeria gets over...The post FDC: Naira Depreciation’ll Affect Investor Confidence, Worsen Inflation first appeared on New Telegraph.The post FDC: Naira Depreciation’ll Affect Investor Confidence, Worsen Inflation appeared first on New Telegraph.
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