Our Take on the Hot Topics

NBAD's Global Markets team's analyses on the big stories of the moment across the region

Nigerian Naira – Pressure Building

Hot Topics – 23 February 2017

With rumours of another possible Naira devaluation doing the rounds following the latest foreign exchange policy actions by the Nigerian Central Bank, we discuss the potential effect these changes may have and whether or not they will be enough to restore liquidity and confidence in the local currency.

Glenn Wepener, Executive Director & Geopolitical Analyst Middle East & Africa

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