Nigeria's forex crisis: Which way forward?
nigeria, forex, crisis
Manufacturers in Nigeria have been the worst hit by the country's forex crisis and according to the Manufacturers Association of Nigeria; the sector's capital utilisation has fallen to below 40 per cent. As the naira hit a fresh low of five hundred to the dollar yesterday, what is the way forward for this space? Ugochukwu, Irechukwu, Acting Head, Institutional Banking at Diamond Bank joins CNBC Africa to discuss this.