Naira falls to record low n374 on investors and exporters window

It seems like you're referring to a recent news article about the Nigerian currency, the Naira, falling to a record low on the Investors and Exporters (I&E) window.

Here's a breakdown of what this means:

• The Naira has fallen to a record low of N374 per US dollar on the Investors and Exporters (I&E) window, which is the official market where investors and exporters trade foreign currencies.
• This is a significant decline from the previous record low of N363 per US dollar, which was set in August 2020.
• The I&E window is considered a more reliable indicator of the Naira's value than the parallel market, also known as the black market, where the currency is often traded at a higher rate due to a lack of official regulation.
• The decline in the Naira's value is attributed to a combination of factors, including a decline in foreign exchange reserves, a widening trade deficit, and a lack of foreign investment in the country.
• The fall in the Naira's value is likely to have a negative impact on the economy, as it can increase the cost of imports, reduce the purchasing power of consumers, and make it more difficult for businesses to operate.

It's worth noting that the Naira's value can fluctuate significantly depending on various economic and political factors, and this decline may be a temporary phenomenon. However, it's essential for the Nigerian government and central bank to take steps to stabilize the currency and address the underlying economic issues that are driving its decline.