Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency to an all-time low against the dollar. The situation has provoked anger and protests across the country.<br />The latest government statistics released Thursday showed the inflation rate in January rose to 29.9%, its highest since 1996, mainly driven by food and non-alcoholic beverages. Nigeria’s currency, the naira, further plummeted to 1,600 naira to $1 reflecting a 230% loss of value in the last year.<br /><br />The plummeting currency worsens an already bad situation, further eroding incomes and savings. It squeezes millions of Nigerians already struggling with hardship due to government reforms including the removal of fuel subsidies that resulted in gas prices tripling. The best way to curtail this challenges is to start earning and making money in dollars.<br />#FinanceFriday #ExchangeRate <br />******<br />Get FREE Financial updates email:<br /><a href="https://form.jotform.com/232867016241352" target="_blank" rel="nofollow">https://form.jotform.com/232867016241352</a><br /><br />💻Where I Learn My Skills (Skillshare)<br />► <a href="https://www.skillshare.com/en/r/profile/Daves-Finance/626531370?gr_tch_ref=on" target="_blank" rel="nofollow">https://www.skillshare.com/en/r/profile/Daves-Finance/626531370?gr_tch_ref=on</a><br /><br />📹 My Equipment:<br />► <a href="https://amzn.to/3Q1mvos" target="_blank" rel="nofollow">https://amzn.to/3Q1mvos</a><br /><br />🎶 Where I Get My Music:<br />►Epidemic Sounds: <a href="https://share.epidemicsound.com/2pe5z8" target="_blank" rel="nofollow">https://share.epidemicsound.com/2pe5z8</a><br /><br />🔧 Helpful tool for YouTubers (TubeBuddy):<br />► <a href="https://www.tubebuddy.com/pricing?a=davesfinance" target="_blank" rel="nofollow">https://www.tubebuddy.com/pricing?a=davesfinance</a><br /><br />Where I Trade:<br />Binance registration: <a href="https://accounts.binance.com/register?ref=112836048" target="_blank" rel="nofollow">https://accounts.binance.com/register?ref=112836048</a><br /><br />Where I Freelance:<br />Fiverr registration: <a href="https://go.fiverr.com/visit/?bta=822472&brand=fiverrcpa" target="_blank" rel="nofollow">https://go.fiverr.com/visit/?bta=822472&brand=fiverrcpa</a><br /><br />***<br />Let's Connect:<br />📸 IG: @davesfinance <a href="https://instagram.com/davesfinance?igshid=OGQ2MjdiOTE=" target="_blank" rel="nofollow">https://instagram.com/davesfinance?igshid=OGQ2MjdiOTE=</a><br /><br />Facebook: <a href="https://www.facebook.com/profile.php?id=100080904086299" target="_blank" rel="nofollow">https://www.facebook.com/profile.php?id=100080904086299</a><br /><br />TikTok: <a href="https://www.tiktok.com/@daves_finance" target="_blank" rel="nofollow">https://www.tiktok.com/@daves_finance</a><br /><br /><br /><br />******<br />Please note that all motion graphics and materials in these videos are used for educational purposes only and fall within the guidelines of fair use. No copyright infringement is intended and if you represent the copyright owner of any material used in this video and have a problem with the use of such material, please contact me via my email in the "about" page on my channel and I will reply to you immediately.<br /><br /><br />AFFILIATE ALERT: There are few affiliate links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase and be rest assured that I only promote trusted and reliable products. 🙂<br />...<br /><a href="https://www.youtube.com/watch?v=4InXRe7XRXY" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=4InXRe7XRXY</a>