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Naira’s Drop to N1,993 by 2028 Threatens Nigeria’s Healthcare Sector

The naira is projected to decline to N1,993 against the US dollar by 2028, a trend that threatens to exacerbate challenges in Nigeria’s healthcare sector, particularly for the import-dependent pharmaceutical industry. A report by BMI, a subsidiary of Fitch Solutions, titled “Weak Naira and Structural Challenges to Constrain Nigeria’s Medical Devices Market Growth,” highlights the…

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