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Why the US dollar matters in Nigeria

Falling oil prices, rising inflation and a shrinking economy have seriously weakened the naira, Nigeria's national currency. To get a sense of what daily business is all about in Africa's largest economy, let's hear from Dan McCain, the director of Core Productions, a company that rents media equipment in Lagos.

(Caption: US 100 dollar bank note and its reflection. Credit: REUTERS/Yuriko Nakao)

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Duration:

2 minutes