Troubled naira? Rising Inflation? How to protect your business and investments. An Explainer
The Nigerian economy faces a dual challenge: the drastic depreciation of the Naira and soaring inflation rates. But first, what is driving the fall of the naira? The Nigerian Naira (NGN) has experienced significant depreciation against major currencies. As the exchange rate fluctuates, the purchasing power of the Naira diminishes. The Nigerian economy, like many …
Over the past year, Nigeria has quietly begun rewriting its economic story. With recent macroeconomic shifts from easing inflation to Read more
Nigeria has been grappling with economic challenges, arguably since 2015, though the strain has been more acute in the last Read more
What are Letters of Credit? International trade often comes with challenges such as delayed payments and the risk of unfulfilled Read more
The harsh reality of inflation turns everyday necessities into luxuries. This sneaky economic challenge gradually erodes your purchasing power, making Read more
