Inflation: Nigerians Groan As Hardship Bites Harder

LAGOS JUNE 20TH (NEWSRANGERS)-As double-digit inflation persists in the country, Nigerians, especially the middle class, have called for immediate remedies, lamenting that indeed, the situation has rendered them poorer as indicated by the latest World Bank Nigeria Development Update report. The report, which was made public last Tuesday, had revealed that rising inflation pushed an…

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Nigerians Turn To Stablecoins (Esusu) For Protection Against Inflation

LAGOS MARCH 16TH (NEWSRANGERS)-Okeke Leticia Chigozie, a 28-year-old Nigerian logistics worker, dreams of opening her own shoe store in Nigeria. Having no credit history, she does not qualify for a bank loan to fund her enterprise. Instead, she joined a traditional savings group in her community, sometimes called esusu. These savings circles allow those without…

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