Naira appreciates to N1,470/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,470 per dollar in the parallel market from N1,475 per dollar last weekend. However, the naira depreciated to N1,447 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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