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Tag "official fx rate"

IT’S OFFICIAL: Naira to now trade at N410/$1 as CBN adopts NAFEX rate

    IT’S OFFICIAL: Naira to now trade at N410/$1 as CBN adopts NAFEX rate

The Central Bank of Nigeria (CBN) has officially adopted the Nigerian autonomous foreign exchange (NAFEX) rate — weakening the naira by 8 percent to N410.25/$1. The apex bank has also

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