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Businesses starved of capital as Nigeria flooded with 'hot money'

For Nigerian poultry farmer Akin Adejumo, the past three years of economic reforms under President Bola Tinubu have been the most trying of his 10-year-old business. A jump in fuel costs following the end of government subsidies suddenly increased his transportation costs tenfold, he says. Then the currency…

African BusinessBy Dulue Mbachu
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Businesses starved of capital as Nigeria flooded with 'hot money'
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Original headline: “Businesses starved of capital as Nigeria flooded with 'hot money'”

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