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Read More »Naira drops N9 to N1,667/$ on official exchange
The naira weakened by N9 against the US dollar on the official exchange on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency was trading at N1,667/$1, up from N1,658/$1 traded at the official window the previous day. The naira lost N10 against the dollar in the parallel section of the forex market to …
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