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Dollar exchangers incur debts over falling rate of naira

Dollar exchangers incur debts over falling rate of naira

Top businesses, especially in the manufacturing and oil and gas sectors, are finding it difficult repaying dollar loans they took from banks when naira was stable, Republican Nigeria has learnt. The naira has come under intense pressure in recent months, hitting N570 to a dollar at the parallel market before its gradual recovery with oil…

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