Tuesday, March 31, 2026
26.1 C
Lagos

Nigerians Should Expect N2000 to $1 Exchange Rate in 2025

Cheta Nwanze, Founder of SBM Intelligence says Nigerians (individuals and businesses) should expect Naira to Dollar exchange rate of N2000 to $1 in 2025.

Nwanze made the projection in an interview with Semafor Africa on his expectation for the Nigerian economy in 2025

“I expect the economy to grow by 3.5%, driven by services. I also expect inflation to remain high, around 28%, and the Naira may depreciate to above $1 to ₦2000. That combination is likely to fuel social unrest.”

spot_img
spot_img
spot_img

Hot this week

Railway Infrastructure is One of the Solutions to Africa’s Trade Expansion

By Caroline Trefault Intermodal Africa Manager at MSC As Africa’s...

APC Chairman, Nentawe Yilwatda, Hails President Tinubu at 74

Professor Nentawe Yilwatda, National Chairman, All Progressives Congress (APC),...

NCC Directs Telecom Operators to Compensate Subscribers for Poor Network Service

The Nigerian Communications Commission (NCC) has directed Mobile Network...

BudgIT Demands Accountability over N129.5bn Disbursed on 2023 Census Without Result

Nigeria's last credible population census was conducted in 2006....

Topics

Nigeria, Ethiopia, Kenya Lead 2017 FDI Flow in Africa

South Africa shares the title of largest African FDI...

NCDMB, Coppercrux Engage South-South Youths on CNG Technologies, Opportunities in Value Chains

The Nigerian Content Development and Monitoring Board (NCDMB), in...

The Nigerian Guild of Editors Mourns Tukur Abdularahman

On behalf of the Nigerian Guild of Editors (NGE),...

Sanlam Nigeria Fosters Team Spirit with Inter-House Sports Event

Sanlam Nigeria, a leading insurance company, comprising Sanlam Life...

Why NCC Approved 50% Tariff Adjustment Request by Operators

The Nigerian Communications Commission (NCC), pursuant to its power...

Global Smartphone Shipments Decline 3% in Q1 2016

According to the latest research from Strategy Analytics, global...

NNPC, Schlumberger Sign Agreement to Boost Upstream Operations

Managing Director, NNPC Energy Services Limited (EnServ), Sophia Mbakwe...

Stanbic IBTC Bank Supports GTR West Africa 2025 to Strengthen Regional Commerce

Stanbic IBTC Bank, a leading financial institution committed to...
spot_img

Related Articles

Popular Categories

spot_imgspot_img