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1 Billion Dollars coming into Nigeria and why you should bet on the Naira

Follow the Money, Ugodre

Follow the Money

In today’s edition of Follow The Money with Ugodre, we dive deep into the dynamics surrounding the dollar, with the CBN reporting an influx of over 1 billion dollars into the economy for the month of February alone.

Additionally, our host also analyzed the ongoing upward trend in interest rates. More insights were given on the current NBS data on importation bill, which uncovered the significant expenditure Nigeria allocated to imports in the past year. Meanwhile, the stock market experiences a bullish run, presenting intriguing opportunities for investors.

Recommended reading: NGX records single day turnover of N17.1 billion as bullish run continues

For more invaluable insights, be sure to tune in to this week’s episode of Follow the Money on Spotify and all other podcast platforms.

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