When the Naira Was Stronger Than the US Dollar

1 / 3

Nigeria introduced the naira on 1 January 1973, when it was worth more than the US dollar at the official exchange rate. This documentary explores the economic conditions that supported the naira’s early strength and the policies and events that later contributed to its long decline in value.

Use The App To Win ₦1m

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.