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Naira rises to N1,570/$ in parallel market

By Elizabeth Adegbesan The naira yesterday appreciated to N1,570 per dollar in the parallel market from N1,580 per dollar on Wednesday. However, the Naira recorded its first depreciation in the Nigerian Foreign Exchange Market (NFEM) to N1,525 per dollar after a week-long appreciation. Data published by the Central Bank of Nigeria, CBN, showed that the […]

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