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Tag: Central Bank of Nigeria

Naira weakens on OTC, black market as CBN scoops N122...

Lagos (July 06) - Nigeria’s naira, however, opened weaker at 387 against the dollar on the over-the-counter spot market widely quoted by investors...

Fitch: Nigeria’s FX Market Changes May Help Local Banks

Fitch Ratings-London-22 February 2017: Measures announced on 20 February by the Central Bank of Nigeria (CBN) may ease some of the severe foreign currency...
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