Naira depreciates to N1,505/$ in parallel market

By Elizabeth Adegbesan THE Naira yesterday depreciated to N1,505 per dollar in the parallel market from N1,500 per dollar yesterday. However, the Naira appreciated in the Nigerian Foreign Exchange Market (NFEM) to N1,478 per dollar. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to N1,478

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