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As you are aware, the Naira has
continued to slide relative to the US Dollars. Moving from N118 to
$1, it now peaks at N162 to $1. This is a slide of over 37%. We have
tried to absorb this, hoping the Naira will stabilize and perhaps
recover to its previous position of N118 to $1 or better still, N100
to $1. This now looks like a dream.
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