In one day, naira rises by 4.5% as demand eases

Naira, Nigeria’s legal tender, which exchanged with the dollar at a peak rate of N710, has within one day recorded a 4.5 percent increase in value as demand for the greenback eases at the parallel market, popularly called black market. After trading on Tuesday, naira closed at N660 per dollar as against N690/$ closed on […]

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