• Naira Now Africa’s Worst Performing Currency of 2016

    Naira Now Africa’s Worst Performing Currency of 2016

    Analysis from an online news platform has shown that the Nigerian currency could be the worst performing means of exchange for goods and services in the African continent.

    The scarcity of dollar in the foreign exchange market created by the Central Bank of Nigeria has compounded the woes of the Nigerian economy.

    The Nigerian naira took a dive on Thursday at both parallel and official markets, becoming the worst performing currency in Africa in 2016, according to The Cable.

    The naira, which began […]