Tag
FX UNIFICATION
Nigeria’s external reserves have increased yet again, reaching $35.05 billion as of July 8, 2024.
The Naira has lost about 68% of its value, marking a profound downturn since the implementation of the foreign exchange unification policy, according to data from Nairalytics.
Electricity prices in Nigeria are expected to rise due to the unification of the naira and the depreciation of the currency.