The Giant of Africa, Nigeria is currently suffering from unimaginable inflation. In fact, the inflation rate is currently 13.39% in 2020 from 11.4% in 2019. It’s not just Nigeria, not just Africa but the world over.

The Nigerian Naira at the beginning of this year was N360 to a Dollar, now it’s N470. 10 years ago it was less than N160. Because Naira is losing its buying power, people are turning to earn in dollars. But then, the Nigerian government has cut down on its Dollar spending as well. …

Cowrium

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