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Nigeria’s International Trade Declines as Letter of Credit Payments Plummet by 63% in Q1 2024

26/05/20243 minute read
Nigeria's International Trade Declines as Letter of Credit Payments Plummet by 63% in Q1 2024

What does this mean for the future of Nigeria’s international trade?

The effectiveness of these interventions remains under scrutiny due to persistent FX shortages and market volatility.

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