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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