![Naira devaluation hits cross-border trade as commodity prices surge By Investing.com Naira devaluation hits cross-border trade as commodity prices surge By Investing.com](https://shmi.ir/wp-content/uploads/2023/11/1699252157_Naira-devaluation-hits-cross-border-trade-as-commodity-prices-surge-By-150x203.jpg)
[ad_1] © Reuters. The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to record high commodity prices. The situation has been particularly severe for traders dealing in rice and frozen poultry products at the Seme-Krake border in Lagos. The price of a 50kg