Manufacturers Anticipate General Price Hike as Naira’s Decline Continues

Manufacturers in Nigeria are predicting a surge in commodity prices in response to the persistent depreciation of the Naira against the United States dollar. The Naira recently fell to N1,420/$ at the parallel foreign exchange market, prompting concerns about the impact on the economy. Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN), … Continue reading Manufacturers Anticipate General Price Hike as Naira’s Decline Continues