- A data research company based in Abuja has predicted a new exchange rate for the naira against the dollar in 2025
- The company, in its macroeconomic outlook released to the public, said it expects the naira to hit N2,000 a dollar
- Naira is currently at its lowest levels and exchanges in the official and black markets above N1,680 against the US dollar
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Veriv Africa, a data insights, research, and advisory firm, predicted that the naira could exchange at N1,930 – N2000 per dollar in a worst-case scenario in 2025.
The research firm disclosed this in its macroeconomic outlook, which was released over the weekend in Abuja.
Veriv Africa stated that the nairais …