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Whistle Blowers Nigeria

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Naira ends week with 2.18% loss to dollar as market reacts to CBN’s policy

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Naira-dollar

The five trading days foreign exchange market ended on Friday with Nigeria’s currency losing 2.18 percent to the dollar at the parallel market popularly called black market, as uncertainty gripped the market after the Central Bank’s decision on Tuesday. The Central Bank of Nigeria (CBN) on Tuesday after the Monetary Policy Committee (MPC) meeting announced…

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