BusinessElitesAfrica
The naira fell from about ₦460 to over ₦1,600 per dollar in just two years and this has left many Nigerians worried. rFood is more expensive, imports cost a fortune, and even basic services have become harder to afford. But amid the daily struggles, could there actually be some benefits hidden in this sharp depreciation…
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Is There a Positive Side to the Naira Losing Value?
The naira fell from about ₦460 to over ₦1,600 per dollar in just two years and this has left many Nigerians worried. rFood is more expensive, imports cost a fortune, and even basic services have become harder to afford. But amid the daily struggles, could there actually be some benefits hidden in this sharp depreciation…