Central Bank of Nigeria
currency depreciation
currency substitution
domestic transactions
Economics
Foreign exchange
IMF threshold
inflation
naira
NEWS
volatility
Nigerians Shun Local Currency— Seek To Protect Wealth From Inflation And Currency Depreciation With Foreign Currency
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper…