[PERSON]
Dr Olayemi Cardoso
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Situations
Nigeria naira depreciation, cash shortage, FX dip
8 clusters · 30 sources · last updated
Latest: Nigeria's Central Bank relies on foreign printers for most of 2025 banknote output
In late June 2024 the naira fell to a two‑month low of about N1,392 per dollar while official‑market spreads narrowed and external reserves rose to a 17‑year high of roughly $51.2 billion. By July the central bank warned