Forex Crisis: Factory Shutdown Looms In Nigeria As Naira Tumbles To 1,025/$

LAGOS OCTOBER 11TH (NEWSRANGERS)-The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005/$ and 1,025/$. Owners of small-scale enterprises, Nigeria Employers’ Consultative Association, and manufacturers, who spoke to The PUNCH, expressed concern about the falling value of the naira, warning that it would lead to the shutting…

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