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Naira rises to N1,550/$ in parallel market

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By Elizabeth Adegbesan The Naira yesterday appreciated to N1,550 per dollar in the parallel market from N1,555 per dollar on Tuesday. But the Naira depreciated to N1,537.9 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose slightly […]
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