The Naira’s Rising Competitiveness: A Deep Dive into Nigeria’s Currency Dynamics
In a recent statement, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, declared, “Our currency (Naira) is now more competitive.” This bold assertion has sparked widespread discussion among economists, investors, and everyday Nigerians, raising questions about what exactly makes the Naira more competitive and what this means for Nigeria’s economic future. In…
