Naira to Depreciate to N1,804 per Dollar by 2025 – Report

Dollar to Naira Exchange Rate Today – May 26

Afrinvest projects Naira at N1,804 per dollar by 2025 due to FX volatility. CBN faces challenges in meeting foreign exchange demand. EFEMS introduces relative stability amid Naira fluctuation The Nigerian Naira is expected to depreciate to a fair value of N1,804 per dollar in the official market by 2025, according to a recent Afrinvest report … Read more

Ease of Doing Business ranking insufficient for attracting FDI — Analysts

Afrinvest

  The federal government needs to do more than improving the nation’s Ease of Doing Business (EoDB) ranking to attract Foreign Direct Investment (FDI). Analysts at Lagos-based investment firm, Afrinvest Plc, stated this stressing that attaining higher World Bank’s Ease of Doing Business (EoDB) ranking is insufficient to attracting foreign direct investment (FDI). They stated … Read more