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Investors fear Nigeria’s FX market going back to dark days of 2016

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Foreign exchange rates are galloping again in Nigeria. Dealers are speaking in hushed tone afraid of regulatory sanction.  Unmet demands are piling up and manufacturers are raising alarm. Nigeria’s foreign exchange market is virtually frozen. It is a playback to the dark days of 2016 and early 2017 when it is alleged, the market was…



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