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Nigeria's currency has fallen to a record low as inflation surges. How did things get so bad?

Summary by Ground News
Nigeria's currency, the naira, further plummeted to 1,524 to $1 on Feb. 16, reflecting a 230 percent loss of value in the last year. The situation has provoked anger and protests across the country. The plummeting currency worsens an already bad situation, further eroding incomes and savings.
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