Economics
Nigeria Seen Unable to Avert Naira Devaluation Past 2021
- Currency may be marked down by up to 20% in 2021, survey shows
- Steady naira a key part of president’s economic recovery plan
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Dwindling reserves and lower oil prices will probably force the Nigerian central bank to devalue one of the world’s most stable currencies by next year, according to a Bloomberg survey of investors and analysts.