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Where is Nigeria’s volatile currency headed in 2025? - THE AFRICA REPORT

DECEMBER 20, 2024

Is inflation being properly recorded? Would a trailing peg help the naira? Will we see less sell-offs next year? Three leading economists show The Africa Report their crystal ball.

The Central Bank of Nigeria should consider the adoption of a crawling peg to reduce the volatility of the naira, Citi’s chief Africa economist David Cowan tells The Africa Report.

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