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Naira fails to appreciate against Dollar in forex market despite CBN intervention

The Naira has failed to appreciate against the US dollar at the foreign exchange market despite the Central Bank of Nigeria’s recent additional release of $10,000 to Bureau De change operators. FMDQ data showed that the Naira recorded another drop to N1308.52 per Dollar on Wednesday compared to N1,300.15 exchanged on Tuesday. On a day-to-day […]

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Naira fails to appreciate against Dollar in forex market despite CBN intervention

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