Naira rises to N1,540/$ in parallel market

By Elizabeth Adegbesan The Naira today appreciated to N1,540 per dollar in the parallel market from N1,550 per dollar last weekend. However, the Naira depreciated to N1,536.99 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 to

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