Nigeria's Sliding Currency Leaves Foreign-Backed Startups In Limbo
Currency reform in Nigeria is adding pressure to naira-earning startups that have recently raised foreign capital.
Source: forbes.com
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Currency reform in Nigeria is adding pressure to naira-earning startups that have recently raised foreign capital.
For startups that report their revenue to investors in USD, the recent unification of exchange rates in Nigeria might be a new hurdle.
For startups that report their revenue to investors in USD, the recent unification of exchange rates in Nigeria might be a new hurdle.