Weekly Market Review: Vol. 94

Prologue Over the last two weeks, the Naira has devalued considerably, contrasting its strong, appreciable performance in March 2024 when it was lauded as the best-performing currency in the world by Goldman Sachs. Last week, the exchange rate for customs duty collection rose to $/₦1,441.58, exceeding the NAFEM rate, which closed at $/₦1,400.40. It is […]