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The Naira

Business

Naira falls after CBN stops Forex sales to BDCs

The Naira dipped slightly against the US dollar in the parallel market after the Central Bank of Nigeria (CBN) declared that it would no longer sell foreign currency to Bureau De Change (BDC) operators. According to the bank, the parallel…

NewsDirect
August 4, 2021

Money market

Naira closes at N505/$ at parallel market

The Naira at the parallel market dropped by 0.60 per cent on Tuesday to close at N505 against the Dollar. The local current depreciated by 0.14 per cent and 0.17 per cent against th Pound Sterling and Euro to close…

NewsDirect
June 16, 2021