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Nigeria has been fighting a crippling money scarcity for the reason that central financial institution began changing outdated naira notes with new ones late final yr. Forex in circulation has slumped to about 1 trillion naira from 3.2 trillion naira in September, Emefiele mentioned, in line with Bloomberg. The scarcity of notes has left many individuals within the nation of about 218 million struggling to pay for primary wants.
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