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DeepNewz, mobile.
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Nigeria is facing a severe currency crisis exacerbated by President Bola Tinubu's economic reforms. The crisis has led to soaring inflation, the collapse of the naira, and a deepening cost-of-living crisis, impacting millions of Nigerians. The Central Bank's soaring money supply is a key factor in the crisis, prompting regulatory actions against cryptocurrency platforms like Binance.
Millions in Nigeria, Africa's largest economy, are grappling with the worst cost of living crisis in decades, which deepened since President Bola Tinubu introduced bold but unpopular economic reforms after he assumed office https://t.co/hPP0sE6y3F https://t.co/wxjUlOvUXO
#Nigeria is cracking down on @Binance executives over concerns in #cryptocurrency’s role in the devaluation of the Naira, prompting regulatory actions while the central bank raises interest rates up to 22.75%. Hit the 🔗 for more @CultureBanx https://t.co/rpbzVzbbF1 https://t.co/uz92KcTeIa
Millions of Nigerians are struggling with a cost-of-living crisis that has deepened since President Bola Tinubu introduced bold but unpopular economic reforms last year https://t.co/hPP0sE6y3F https://t.co/S4iFkE19Q4
