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Read More »The naira weakened further, down ₦3.47 on the official FX market
Nigeria’s currency, the naira, slumped further against the United States dollar at the official window on Friday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,362.21/$1, compared with N1,358.74/$1 on Wednesday. This represents a loss of N3.47 for the local currency against the dollar. On the black market, the naira lost N2 against …
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