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Naira Free-fall: Unravelling Nigeria’s Currency Woes

Since the 1986 devaluation of the Naira, the relationship between the Nigerian Naira and the US dollar has been marked by instability,…

Naira Free-fall: Unravelling Nigeria’s Currency Woes

Since the 1986 devaluation of the Naira, the relationship between the Nigerian Naira and the US dollar has been marked by instability, heartbreak, and tears.  Through the turbulence, some have amassed stupendous wealth, while many others wallow in profound poverty. This documentary explores why the Naira, once a heavyweight currency in Africa, has fallen during hard times. 

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