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The Lagos

N500 to the dollar: aspiration, arithmetic and economic reality

N500 to the dollar: aspiration, arithmetic and economic reality
Photo: Nairametrics · view original

Emeka Nwosu sells phone accessories from a glass counter in Computer Village, Ikeja, and every morning before he opens he checks the rate on his phone the way a farmer checks the sky. He has never bought a dollar in his life, but everything on his counter was imported and priced in dollars somewh...

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