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Tag: nigeria crisis

The resurgence of mass kidnappings in Nigeria | Explained

Posted on March 20, 2024 By admin
The resurgence of mass kidnappings in Nigeria | Explained

The story so far: Battling its worst economic crisis in years, Nigeria is also facing serious security challenges amid a resurgence of kidnappings in its troubled northern region. Over 600 people, including at least 300 schoolchildren, have been kidnapped in the northeastern and northwestern parts of Africa’s most populous nation since the end of February. The…

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How Nigeria’s naira fell to record low amid conflict and instability

Posted on February 17, 2024 By admin
How Nigeria’s naira fell to record low amid conflict and instability

Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency to an all-time low against the dollar. The situation has provoked anger and protests across the country. The latest government statistics released Thursday showed the inflation rate…

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