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Tag: nigeria currency

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…

Read More “How Nigeria’s naira fell to record low amid conflict and instability” »

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