Saturday, February 22, 2025
27.6 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

LASAA Addresses Community Concerns over Billboard Safety at Abati Barrack

The Lagos State Signage and Advertisement Agency (LASAA) is...

AIICO Celebrates Outstanding Agency Field Force at 2025 Annual Awards Night

Left - Right: Mr. Adewale Kadri (Executive Director, Technical),...

Is the CBN Pushing Nigerians Back into the Banking Halls? 

By Elvis Eromosele  Public institutions in Nigeria have a knack...

Fidelity Bank Enhances Educational Facilities in Benin, Abuja

Fidelity Bank Plc, a leading financial institution, has once...

NCDMB Chief Visits Samsung, Africoat, Insists on Patronage of Local Facilities

The Executive Secretary, Nigerian Content Development and Monitoring Board...

Topics

NSE/LSE Capital Market Conference in London

L  - R shows Diane Cote, Chief Risk Officer,...

NCC Plans Stakeholder Engagement on 5G in Lagos Nov 4

As part of activities lined up for the implementation...

Ecobank Nigeria Creates Awareness for Customers on e-Naira

Ecobank Nigeria has commenced an intensive sensitization of its...

Ntia, NNPC’s EVP Upstream, Charges Stakeholders on Corporate Governance, Transparency

Mr. Udobong Ntia Executive Vice President, Upstream NNPC Limited The NNPC...

Organic Solutions Trains 4,000 Skin-Care Givers on Formulation, Business Growth

R-L: Mr. Agudiegwu (seated), Chairman and Mrs. Gloria Agudiegwu...

Annuity Customers Pass Vote of Confidence on AIICO Insurance

AIICO Insurance’s customers holding the company’s Annuity policy have...

Samsung Unveils QLED TV, 2018 Model

L-R: Executive Director, SIMS Nigeria Ltd (SIMS), Mr. Ike Eyisi; Executive Director,...

NCC: Inside the N345bn Revenue Haul in 5 Years

L-R: Hon. Unyime Josiah Idem, Deputy Chairman, House Committee...
spot_img

Related Articles

Popular Categories

spot_imgspot_img