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Naira Falls to N1,658/$1 as CBN Shocks Market With Further Rate Hike

more wealth for investors Naira

By Adedapo Adesanya The Naira depreciated to a new low against the US Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Tuesday, September 24, as the Central Bank of Nigeria (CBN) shocked the market with a further boost to interest rates. At the official market, the domestic currency lost N95.82 or 6.13 per […]

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