NIGERIA'S NAIRA PLUMMETS AS INFLATION CONCERNS SOAR

Nigeria's Naira Plummets as Inflation Concerns Soar

The Nigerian peso experienced a steep drop relative to major monetary units today, driven by growing concerns about rising inflation. Analysts point to the weakening in the naira's value to a blend of factors, amongst which the impact of external economic shocks. Furthermore, widespread price increases for essential goods are undermining consumer

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