Civil rights advocacy group, Human Rights Writers Association of Nigeria, (HURIWA) on Monday, backed the Nigeria Governors’ Forum that the continuous Naira scarcity of N200, N500, and N1,000 notes may quickly explode into a catastrophic economic crisis that will cause a severe recession and food inflation. HURIWA, in a statement […]
Naira redesign
Reportedly, the naira, which has been falling against major currencies in the past two weeks, has staged a rebound. It recorded gains on the parallel market as it exchanged for about N730 to a dollar on Thursday. It would be recalled that the Nigerian currency hit an all-time low of […]