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Naira closes strong on black market, official rate stable - BUSINESSDAY

AUGUST 05, 2021

BY  Hope Moses-Ashike

Nigeria’s currency on Wednesday closed at N506 per dollar, which was 0.39 percent stronger than N508, closed on Tuesday at the parallel market, also known as black market. Naira fell sharply to N525 to the dollar last week after the Central Bank of Nigeria (CBN) announced its plan to discontinue the sale of dollars to…

MARKET NEWS

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