Naira among world’s worst currencies as experts blame mismanagement, oil dependency

Nigeria’s naira has been ranked among the 10 worst-performing currencies globally, according to a report by Bloomberg. The report highlights the vulnerability of African currencies, with five of the worst performers hailing from the continent, including the Zambian kwacha and Angolan kwanza, alongside the naira. Economic instability, fluctuating commodity prices, inflation, and dollar liquidity [...]The post Naira among world’s worst currencies as experts blame mismanagement, oil dependency appeared first on National Daily Newspaper.

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