Naira Floats: IMF prevails as pending doom looms

  Emeka Chiakwelu, AFRIPOL By Emeka Chiakwelu Here comes the big trouble, for with floating of naira comes massive devaluation, Hyperinflation and higher interest rate. Nigerian government has finally bowed to recommendation by masterly International Monetary Fund (IMF) to devalue naira by allowing the embittered currency to float. Nigerian government cannot be accused of dithering; […]

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