1. EachPod

125. Mic Drop: The problem with the Nigerian economy has nothing to do with crypto

Author
Recorded Future News
Published
Fri 26 Apr 2024
Episode Link
https://play.prx.org/listen?ge=a8ae678e-0369-11ef-8e70-2b92fd765844&uf=https%3A%2F%2Fpublicfeeds.net%2Ff%2F8376%2Fclickhere

Before Nigerian authorities detained two mid-level Binance executives back in February, they were telling anyone who would listen that the cryptocurrency platform was manipulating the value of its currency, the naira. It turns out the more likely culprit is more than a decade of economic mismanagement. We explain.

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