[Vanguard] The naira to USD exchange rate has surged past 1,500, marking an unprecedented low for Nigeria's currency. As Nigerians grapple with the economic fallout, the government finds itself in a precarious position, unable to deflect blame onto familiar scapegoats like cryptocurrency exchanges. With the digital currency sector effectively marginalized within Nigeria, it is becoming increasingly clear that the government's policies, rather than external factors, are the primary culprits behind the naira's decline.
