Minisode: BDCs, inflation, and the dollarization of Nigeria’s economy

<p>Bureau de change operators or BDCs have now been in the doghouse for over 6 months. The Central Bank of Nigeria (CBN) has accused them of excessive dealings that are contributing to the Naira’s free fall in value against the dollar as well as adding to the dollarization of the economy. Why is dollarization bad for our economy and what do we need to do to de-dollarize?</p> <p>———————————————</p> <p>This episode was produced by Rahmat Muhammad, Anthonieta Kalunta, Uche Mbah, Dominic Tabakaji and Sam Tabakaji.</p> <p>Executive producer Rahmat Muhammad.</p> <p>Special thanks to Mala Iwa Gbado Ikaleku.</p> <p>Copyright (c) 2022 Triple-E Media Productions. All rights reserved.</p> <p>———————————————</p> <p>▶︎Follow us @234.audio on Instagram, @234audio on Facebook, and @234audio on Twitter</p> <p>▶︎Subscribe to our 234Audio YouTube channel to watch the video for this and other episodes</p> <p>———————————————</p> <p>If you are interested in sponsoring or licensing this program, reach out to us via WhatsApp at +234 818 230 1234 or send us e-mail at info@234audio.cm</p> --- This episode is sponsored by · Anchor: The easiest way to make a podcast. <a href="https://anchor.fm/app">https://anchor.fm/app</a> Support this podcast: <a href="https://anchor.fm/thebackstoryng/support" rel="payment">https://anchor.fm/thebackstoryng/support</a>