Further devaluation of Nigeria’s naira is likely
A fall in oil revenues has forced the country to devalue its currency for a second time this year
You must be signed in to read this analysis
In this article
- A necessary devaluation
- Debt burdens
- Strong headwinds
- Outlook
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
