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Record reserves, rising oil, a stranger’s vault: The riddle of Nigeria’s strangest loan in its strongest year

There is a particular kind of quiet that settles over a shop in Balogun Market when the owner returns from the moneylender. Consider a textile trader who has just closed the best season of her working life. The lace is moving, the Ankara is moving, the customers from Cotonou have come back, and for the […]

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