Naira appreciates in parallel market, margin between NFEM rate and parallel market narrows

Nigerian Naira appreciated in the parallel market to N1,650 per dollar on Tuesday, December 31, after close of trading compared to N1,655 on Monday. Also, the Naira appreciated to N1,535 per dollar in the official foreign exchange market. New data published by the Central Bank of Nigeria (CBN), showed that the exchange rate for the […]

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