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Whistle Blowers Nigeria

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FX liquidity dropped in July as naira loses N2

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Nigeria’s foreign exchange market recorded 6.64 percent drop in liquidity as the monthly market turnover declined to $2.81 billion at the end of July 2021 compared with $3.01 billion in the preceding month of June 2021. The decline in the market turnover was as a result of the level of transaction carried out by investors…

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