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.”

Hot this week

CIIN Boss, Yetunde llori, Bows Out, Lists Achievements in Office

Mrs. Yetunde llori, the President/Chairman of Council, Chartered Insurance...

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Regency Alliance Insurance Launches N7bn Private Placement

Regency Alliance Insurance Plc has officially launched a private...

Topics

NCDMB Leads Push for Homegrown Talents at Chevron-funded HCD Graduation

The Nigerian Content Development and Monitoring Board has reaffirmed...

SUZUKI: The Emerging Driving Brand in Nigeria

Over the years, the Suzuki Brand of Motor Models...

National Human Development Report 2016: Insecurity Threatens Human Development in Nigeria

“Insecurity remains an ever-present threat to peace and development...

FG: Tax Reforms Will Improve Lives, Not Impoverish Nigerians

Vice President Kashim Shettima said on Wednesday in Abuja,...

FCCPC and Digital Theft: Time to Act

By Segun Adediran For those who studied Economics at the...

De-Marketing: The Return of Old Demon in Banking Sector

Overview The old demon known as de-marketing has made an...

NAICOM Issues Regulatory Sandbox, Takaful Market Conduct, ERM Guidelines

The National Insurance Commission as part of its strategic...

FG to Telecom Operators: Reverse Tariff Increment

The attention of the Nigerian Communications Commission (NCC) has...