Exchange rate measures the health of an economy. In the last few months when the naira exchange rate was subjected to serious speculative attacks with $1 exchanging for almost N2000, domestic prices jumped and we almost had hyperinflation. The cost of living rose, and consumption fell drastically, just as output declined and the poverty level
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Why naira-for-crude policy is best for the economy
The oil sector in Nigeria has always been the topic of the day. Online. Offline. …