Tag: Dollar Shortage
Zimbabwe runs out of travelling passports, as dollar shortage hits hard
Zimbabwe has run out of travelling passports and vehicle registration number plates, forcing citizens to wait for long periods to…
Nigeria’s recession deepens, oil output fall worsen dollar shortage
Nigeria’s recession deepened in the third quarter and oil production fell, the National Bureau of Statistics (NBS) said on Monday,…
Scarcity of Dollar delays fuel importation
Another fuel crisis looks set to rock the country as some vessels are stuck off Nigeria, unable to unload their…
Nigerian firms may struggle to repay debt if dollar shortages persist
Already feeling the pinch from slumping oil prices and slowing economic growth, Nigerian companies are finding it increasingly hard to…