Fitch Predicts Nigerian Naira to Sink to Record Low in Four Years

Fitch Predicts Nigerian Naira to Sink to Record Low in Four Years …C0NTINUE READING HERE >>>

Fitch has predicted an unfortunate outcome for the naira by 2028, according to its BMI Research reportIt said the persistent depreciation of the naira will drive up the cost of importing medical devices and diminish consumer purchasing powerDespite government incentives, local manufacturing of medical devices in Nigeria still faces significant obstacles

Henzodaily.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock Market.

Fitch…

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