Tag: Factory Shutdown Loom
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Forex Crisis:Naira Falls Flat To N1,025/$, Job Losses, Factory Shutdown Loom
The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005/$ and 1,025/$. Owners of small-scale enterprises, Nigeria Employers’ Consultative Association, and manufacturers, who spoke to journalists, expressed concern about the falling value of the naira, warning that it would lead to the shutting down of…