How are you doing in the recession? An update….

So as of today, here is what $$ exchange looks like…

abokifx-0306.jpg
An Update…Dollar Exchange in March 2018

2 years later, how are you still coping? This is still at least double what we launched with in 2013.

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abokifx
Dollar Exchange in January 2016

Well as of today, $1 is N450.00. We sell in Naira but we buy inventory in USD.

#sigh, all we can do is keep trucking and keep making sure that we continue providing quality.

Its hard for small businesses to make it work; we gotta worry about obtaining inventory, we gotta worry about air freight to Nigeria from the US which at the moment is about $17 per shoe to Nigeria. All these while still earning in Naira and buying in USD.

How are you making it work in this recession economy? Do share….

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