IMF Warns Of Dollar Risks Amid Naira Crash, Rising Inflation

As Nigeria struggles with a sinking local currency and surging inflation, the International Monetary Fund (IMF) has cautioned that dollarisation will be difficult to reverse. The IMF issued the warning in a new report titled “Digital Money and Central Bank Balance Sheets.” In the study, the IMF found that when inflation is severe and persistent, … Continue reading IMF Warns Of Dollar Risks Amid Naira Crash, Rising Inflation