Goldman Sachs analysts Andrew Matheny and Bojosi Morule have projected a significant turnaround for Nigeria’s currency, foreseeing a remarkable appreciation to N1,200 against the US dollar within the span of 12 months. This optimistic forecast marks a monumental shift from the prevailing narrative of the naira’s undervaluation, promising a substantial recovery for the embattled currency. … Continue reading Goldman Sachs Analysts Forecast Naira Appreciation to N1,200/$ in 12 months