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Naira rebounds as dollar supply hits $7bn in two months

by Ikenna Ngere

Dollar supply in the official foreign exchange market reached a substantial sum of $7.3bn in the months of March and April, findings by The PUNCH have shown. This is as the naira rebounded against the United States dollar to N1,390 per dollar at the official market and steadied at 1,340/$ at the parallel market, popularly called the black market on Monday. According to data sourced from the FMDQ Security Exchange, forex sales …

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Naira rebounds as dollar supply hits $7bn in two months
FG plans public engagements on tax reforms
Dangote refinery gets valid operating licence soon – FG
Coastal Highway Project: FG Begins Payment of N2.75 Billion as Compensation to Affected Property Owners
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Latest Posts

Naira rebounds as dollar supply hits $7bn in two...
FG plans public engagements on tax reforms
Dangote refinery gets valid operating licence soon – FG