Naira reacts to soaring inflation, sheds N1.45 at official window

The Nigerian currency, the naira, in apparent reaction to the soaring inflation figures slumped marginally against the dollar at the official window on Wednesday, January 15, 2025. Earlier on Wednesday, the National Bureau of Statistics (NBS) disclosed that Nigeria’s inflation rate surged to 34.80 per cent in December, up from 33.60 per cent in November [...]The post Naira reacts to soaring inflation, sheds N1.45 at official window appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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