The crash in oil prices has exposed Nigeria as a weak, undiversified and import-dependent economy. Reserves are having a free fall; the naira has been devalued against the dollar; the Wholesale/Retail Dutch Auction (RDAS/WDAS) door has been shut; manufacturers have had their production costs rise si
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BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
