Since 2022, naira devaluation has been massive, and naira dollar exchange rates is very volatile, rise today, fall tomorrow.

Therefore, the unpredictability of the exchange market has been a huge concern, for diaspora Nigerians with assets here, and those who are about to invest newly. Despite these fluctuating exchange rates in Nigeria, is there a safe way to maneuver this tricky market, particularly for Nigerians abroad?

In comparison, the global inflation rate and interest rates are up currently, even in most developed economies. However, the purchasing power of the naira has diminished rapidly since 2022, affecting the cost of living and cost of doing business in Nigeria, particularly the cost of food and energy.
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