Standard Bank has adjusted its medium-term outlook on the Nigerian naira, projecting a 3.1% depreciation against the US dollar in 2025, but at a stronger level than previously forecast. In its latest projection, seen by Nairametrics on Wednesday, the bank expects the naira to close 2025 at N1,585.5/$1, compared to its earlier forecast of N1,697.5/$1. […]
The post Standard Bank revises Naira outlook, projects N1,585.5/$1 by end of 2025 appeared first on Nairametrics.