Dollar scarcity: Manufacturer’s panic buying creates illusion of economic growth
Fear of a dollar shortage has driven manufacturers to front-load their inventory requirements, creating the illusion of economic growth in Nigeria. This was disclosed in the Financial Derivatives recently released Economics Bulletin for Q2 2022. The Nigerian economy has been expanding for seven straight quarters since the third quarter of 2022, when the covid-19-induced […]
Dollar scarcity: Manufacturer’s panic buying creates illusion of economic growth Read More »
Photo Credit: Adobe Stock