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Mercury also disclosed that it would have to absorb at least $150 million in losses from the Los Angeles fires, with one analyst this week pegging its losses possibly as high as $1.7 billion.

Shawn Levy: “We’re going to put pegging in the first Super Bowl commercial.”

Nigeria’s economic difficulties can be linked to three main things - firstly, a government policy that ended the pegging of the value of the currency, the naira, to the US dollar.

The government has ended the policy of pegging the value of the naira to the US dollar, allowing it to dramatically depreciate.

The government has also ended the policy of pegging the value of the naira to the US dollar, allowing it to dramatically depreciate.