A report has projected that the Nigerian Naira could depreciate to around N1,804 per US dollar in 2025. This forecast suggests a significant decline in the value of the Naira against the US dollar.
Several factors, including inflation, foreign exchange policies, and the broader economic climate, are expected to influence the currency’s performance.
Economic analysts have noted that these challenges could further strain Nigeria’s economic situation, impacting businesses, households, and foreign trade.
However, this projection is contingent on numerous variables and could change depending on future policy decisions and global economic trends.
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