Analysts warn of naira depreciation amid N311bn equity sell-off

Analysts warn of naira depreciation  amid N311bn equity sell-off

Financial analysts have expressed concerns over the recent trend of high foreign liquidation in the Nigerian Exchange with N311.41bn worth of investments withdrawn in the first half of this year. This has sparked fears of naira devaluation and its potential impact on the Nigerian economy. According to the NGX, in a report titled ‘Domestic &

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