Nigeria’s currency, the naira, is among the worst-performing currencies in Africa, so says the World Bank. In June 2023, the Central Bank of Nigeria directed Deposit Money Banks to remove…
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Nigeria’s annual inflation rate hits 18-year high of 25.8%
by DReportersby DReportersBusinesses are getting hit and are turning to the black market to get dollars at a premium of over 20 percent to fund critical imports. The choice of the black…