Author: Ogochukwu Ndubuisi

Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

Naira Depreciates for 3-Day over Rising FX Demand

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Naira Depreciates for 3-Day over Rising FX Demand For three days straight, the Nigerian naira has been losing its buying power amidst the foreign currency crisis facing the country. Pressures across the FX market worsened midweek despite the expected $3 billion loan from the African Import-Export Bank. The euphoria of the Central Bank of Nigeria’s (CBN) decision to bring back Bureau de Change (BDC) operators into the FX management chain appears to have also fizzled out amidst the weak supply side. Nigeria returned to the drawing board as the politically influenced decision of the monetary authority had gone wrong. The…

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