The free-fall of Nigeria's economy seems to be getting worse and the reality is not far fetched as Nigerians groan under the burden of financial hardship, in the past one week alone banks in Nigeria have laid off close to 2,000 workers.
"According to a recent article published by Financial times, Reality for Nigerians comes harder by the day. Investors told the Finance minister Kemi Adeosun in London this week that in the current climate even a high-yielding sovereign bond would be a tough sell so long as currency controls remain in place.
