Investment firm Comercio Partners Limited has released its exchange rate projection following the recent performance of the Naira in the forex markets.
Nigeria’s economic landscape is at a pivotal juncture. Faced with fluctuating oil prices, rising inflation, and currency devaluation, the country’s foreign reserves remain under constant strain.
One of the leading investment banking firms, Comercio Partners Limited, has projected that the naira will close the first half of 2025 at N1,700 per dollar, the worst case scenario.