Naira down to N1,475/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,475 per dollar in the parallel market from N1,463 per dollar last weekend. However, the naira was stable at N1,454 per dollar in the Nigerian Foreign Exchange Market (NFEM) according to data published by the Central Bank of Nigeria, CBN. As a result, the margin between the

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