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Following a brief gain last week, the naira plummeted on the parallel market yesterday as speculators' actions further devalued the currency to N1630/$1. Since the Central Bank of Nigeria (CBN) switched ...
The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to data obtained from the FMDQ securities exchange. ...
The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market. This came as Presidency warned currency speculators to ...