The International Monetary Fund (IMF) has issued a warning that the official exchange rate of the Naira may depreciate by about 35 per cent this year. This depreciation could lead to an inflation rate peaking at 44 per cent before monetary policy tightening could stabilise the situation.
As of…
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Reposted by Femke van Zeijl
Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put Mama Put🥱
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'Everytin don cost for dis #Nigeria o', the ambulant vegetable seller apologised as he charged me 50% more for his tomatoes than last week. He can't help it and it is all around: every time I go shopping, prices of essentials like bread, drinking water and rice have gone up again. #inflation #naira
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'Read Your Way Through #Lagos', the list of books that according to novelist Stephen Buoro make sense of the megacity of extremes. Number 1 under books that take you behind closed doors comes warmly recommended by me. But I might be biased. www.nytimes.com/2024/02/07/b...
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What? The word #owambe appears in NYT for the very first time in 2024? The good thing is that it comes in an article with a reading list from novelist Stephen Buoro: www.nytimes.com/2024/02/07/b...
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Now in bookshops in the Netherlands: my fourth book. Do-It-Yourself Society, about life in Lagos. #doehetzelfmaatschappij #DIYsociety
www.boekenwereld.com/femke-van-ze...
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