Tag: MSMEs remain at the mercy of black market operators

Despite dollar restrictions, MSMEs remain at the mercy of black market operators

Jan 27, 2022

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by

Starnews NG

in Business

Micro, Small, and Medium scale enterprises (MSMEs) in Nigeria are left at the mercy of black market operators to access dollars for transactions even after the Central bank pulled the plug on supply to the operators and challenged supply to commercial banks. Currently, it costs N415 to get one dollar at the official rate, while…