Quagmire

Conflicting reports emerged about Nigeria's Federal Government's financial status in the first quarter of 2024. We will examine what a massive budget deficit means for an already inflation-burdened country. Then, Nigeria's Central Bank has raised interest rates yet again. We'll look at the motivations behind this decision and its potential ripple effects on the economy.Finally, we move to look at Chad where Mahamat Deby has been declared the winner of the recent elections, solidifying his power grab. What could be the geopolitical effects of this move?Support the show