47K views · 297 reactions | Nigeria's central bank has announced it will float the country's currency, the naira.The bank's peg of 197 naira per dollar has become unsustainable due to a shortage of hard currency. The past few months have seen inflation rise in Nigeria pushed by high gas, electricity and fuel prices. The move represents turn for President Buhari who has consistently opposed its devaluation. | BBC News Africa | Facebook
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47K views · 297 reactions | Nigeria's central bank has announced it will float the country's currency, the naira.The bank's peg of 197 naira per dollar has become unsustainable
Nigeria's central bank has announced it will float the country's currency, the naira.The bank's peg of 197 naira per dollar has become unsustainable due to a shortage of hard currency. The past few...
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