Naira Dips to ₦1745/$1: Speculators Under Fire

Understanding the Naira’s Fall to ₦1745/$1: Impact and Speculations

The Nigerian Naira has recently plummeted to ₦1,745/$1. Traders have attributed this sharp decline to speculators who are taking advantage of the economic situation.

This depreciation has raised concerns among businesses and the general public, as it affects the cost of imports and the overall economy.