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Man about to loose his house after borowing 10 million Naira to gamble against Naira loosing further value went wrong

Man about to loose his house after borowing 10 million Naira to gamble against Naira loosing further value went wrong

This is true life story of a man who’s about to loose his house due to dollar hoarding…

Read below:-

Someone I know borrowed 18,000,000naira from a Money Lender to buy $10,000 at 1,800naira to $1 in February to payback 19,000,000naira in May (3months) when the dollar gets to say 2,000naira or more. Today, that 18,000,000naira is worth 11,000,000naira at 1,100naira to $1. He is now looking for where to get extra 8,000,000naira to clear his debt as the 3months is fast approaching. He used his bungalow as a collateral. The problem now is that before May, the money fit further reduce to 9,000,000naira at 900naira to $1 making him need an extra 10,00,000naira from outside to get back his house. By Chim D Ebere


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