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Naira slide may trigger loan defaults, squeeze businesses – Financial expert warns

Naira slide may trigger loan defaults, squeeze businesses – Financial expert warns
Photo: Daily Post Nigeria · view original

A financial expert, Busari Akande, has warned that the naira's depreciation could increase loan defaults, weaken business operations and restrict access to credit in Nigeria. Akande, a Fellow of the Institute of Credit Administration, FICA, said the naira's continual decline at the Nigerian Auton...

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