Nigeria’s economy needs urgent reforms

Nigeria’s economic challenges have reached a critical point, driven by a combination of poor governance, shortsighted monetary policies, and economic mismanagement. In 2024, Nigeria grapples with skyrocketing inflation, high unemployment, and a rapidly depreciating naira. As of the third quarter, the inflation rate hit 32.7%, with the black-market exchange rate surpassing N1,700 per dollar. The [...]

Read More