Naira slides against Dollar third day despite external reserves boost

The Naira on Wednesday recorded its third consecutive depreciation against the United States dollar at the official foreign exchange market, even as Nigeria’s external reserves rose to $41 billion. Data from the Central Bank of Nigeria (CBN) showed that the Naira closed at N1,536.73 per dollar, weakening further from ₦1,534.93 traded on Tuesday. The development reflects

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