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Nigeria: On the path of devaluing the Naira [The Morning Call]

Nigeria: On the path of devaluing the Naira [The Morning Call]

The Morning Call

Nigeria, 2 years after rebasing its economy to become Africa’s largest economy, decided to let market forces affect the rate of the Naira to the dollar after months of speculation by the country’s central bank.

Robert Kodingo and Hannane Ferdjani interview Bismarck Rewane, economic expert and CEO of Financial Derivatives over the intrigues. Rewane shares the reason behind the move to let market forces determine the currency’s path and Muhammadu Buhari’s stance on it.

The Morning Call

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The Morning Call

The Morning Call is about you. We want to share your opinions on our programme. If you want to contribute to The Morning Call, here are the best ways to get in touch : For more details on how to contribute, click here.