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Nigeria's Economy & The Relentless Rise Of The Dollar

The relentless surge of the U.S. dollar against the Naira has sent shockwaves through the Nigerian economy, driving up prices across all sectors and making everyday life increasingly difficult for millions of Nigerians. In the past year, Nigeria’s Naira currency has tumbled half its value against the dollar. This represents a 51.49% depreciation despite the Central Bank of Nigeria’s effort to stabilize the currency. Gist Nigeria’s Mercy Frank looks at how this affects you, as experts proffer strategies to help Nigeria's Naira rise above the struggle. Don't forget to subscribe: https://bit.ly/2Hb8hjx Watch more interesting videos: https://bit.ly/34ogCaw Follow Channels Television On:   / channelsforum     / channelstv     / channelstelevision   Get more news on our website: https://www.channelstv.com/ #ChannelsTv #newsupdate #news #newsinnigeria #newstoday #newsheadlines #Politicstoday #ChannelsTVNews #Nigeria #Lagos #Nigerianews #Nigeriannews #channelstelevision #Channelstv #Channels #AfricaNews #BreakingNews #Nigerianpolitics