I've noticed a lot of people think that if Nigeria's economy is doing better, like with more oil money or solid maritime stuff, the naira should just go up in value. But honestly, it's just not that simple. Like, even if some things get better, there's a bunch of other stuff dragging the naira down. For example, if the government keeps printing more money or if people don't trust the banks, then nobody wants to hold onto naira. They just want dollars, so the price of the naira drops.

And even if Nigeria gets more cash from places like oil or shipping, sometimes that money doesn't reach regular people. Or the costs of importing stuff go way up, so there's a huge demand for dollars. I remember seeing my cousins in Lagos struggle because the price of everything imported was going crazy, even though the news always talks about “growth.” So yeah, a strong part of the economy doesn't always mean the naira gets stronger—there's so much more going on, like inflation, government policies, and how people actually feel about the naira. It's kind of frustrating, honestly!