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Local sourcing cuts manufacturers’ FX demand by $1bn

Nigeria’s foreign exchange utilisation by the industrial sector has fallen by $1 billion in the first half of 2026, as

BusinessDay NigeriaBy Hope Moses-Ashike
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Local sourcing cuts manufacturers’ FX demand by $1bn
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Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by BusinessDay Nigeria.

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Original headline: “Local sourcing cuts manufacturers’ FX demand by $1bn”

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