Naira rises to N1,490/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,490 per dollar in the parallel market from N1,495 per dollar on Tuesday. Likewise, the Naira appreciated to N1,469 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 fell to

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