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Federal Government benefiting from dollar-to-Naira increase Says Senator Ali Ndume

The Senator’s Perspective Senator Ali Ndume has provided an intriguing analysis regarding the impact of the naira’s depreciation against the dollar on Nigeria’s federal government finances. Contrary to what might be the immediate assumption—that a weaker local currency is detrimental to an economy—Ndume suggests that this scenario is, in fact, beneficial for Nigeria, especially in … Read more

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