Crumbling Naira value raises fear of hyper-inflation

BY EMEKA EJERE There are growing concerns that unless drastic measures are urgently taken, the current unprecedented downward spiral of the Naira may lead to a situation of hyperinflation. Hyperinflation is a very high and typically accelerating inflation that quickly erodes the real value of the local currency, as the prices of all goods increase. … Continue reading Crumbling Naira value raises fear of hyper-inflation