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Sunday 30 October 2016

CBN meets BDCs as Naira depreciates to N466/$

CBN meets BDCs as Naira depreciates to N466/$
30 October 2016, Lagos — THE Naira yesterday depreciated further to N466 per dollar in the parallel market prompting the Central Bank of Nigeria, CBN, to meet with Bureaux De Change, BDC, operators and Travelex to evolve measures to halt the persistent slide of the currency. Investigations revealed that the parallel market exchange rate rose […] More »

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