Advertisement

Thu, 12 Nov, 2026

Read Life Mag

Today’s Game

Daily Snakes and Ladders

12 mins play

Play now

Services & Opportunities

Latest news today on Aboki FX

NIGERIA-ECONOMY-INFLATION
Business

Confusion as naira crisis defies interventions, fuels inflation

3 years ago

[FILES] A man exchanges Nigeria's currency Naira for US dollars in Lagos, Nigeria (Photo by PIUS UTOMI EKPEI / AFP)

The unorthodox steps being taken by the federal government to reign in the free fall of naira may push the economy deeper into crisis, as concerns are rife about the effectiveness of government’s intervention to stem the raging naira crisis.

Advertisement