Report: Exchange Rate Instability Hinders Nigeria’s Economic Recovery

ShareUnless there is a stabilisation in the exchange rate or significant policy intervention by Nigerian authorities to tackle naira volatility, the economic burden on households will likely intensify, thereby negatively impacting overall demand and slowing the country’s economic recovery, a new report by Unity Bank has said. The report, which noted that Nigeria’s economic outlook...The post Report: Exchange Rate Instability Hinders Nigeria’s Economic Recovery appeared first on New Telegraph.

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