The long path beyond the Dollar

The long path beyond the Dollar

Business has vanished at Kingsley Odafe’s clothing shop in Nigeria’s capital, forcing him to lay off three employees. One culprit for his troubles stands out: The US dollar’s strength against the Nigerian currency, the naira, has pushed the price of garments and other foreign goods beyond the reach of local consumers. A bag of imported […]
Source: The long path beyond the Dollar

- PM News Nigeria
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