The productive value of the naira, By ‘Tope Fasua (opens original article in a new tab)

The article examines the Naira's value, noting that it is undervalued according to the IMF, which has contributed to increased exports and economic stability. It highlights the impact of recent reforms and the need to avoid returning to past economic mismanagement.

• The article discusses the debate over the Naira's value and its implications for Nigeria's economy.
• The IMF and experts suggest the Naira is undervalued, which has led to increased exports and trade surpluses.
• Nigeria's economic reforms under President Tinubu have improved forex market stability and reduced arbitrage.