Bloomberg, a US-based media organisation, on Friday, predicted that the naira will decline further in 2024. According to the publication, the naira is poised for its worst year since the return to democracy in 1999 adding that analysts are predicting further depreciation in 2024. The report said naira fell 55 percent this year to N1,043 per dollar at the official market on Thursday. The decline, Bloomberg said, made the naira the third worst-performing currency in the world behind the Lebanese pound and the Argentine peso — among 151 currencies tracked…
Read MoreNAIRA WILL RECORD WORST PERFORMANCE IN 2024—BLOOMBERG
