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Naira bounces back after days in ‘recession’

    Naira bounces back after days in ‘recession’

The naira opened strong on Monday, recovering from last week’s record low of N425 per dollar at the parallel market. The interbank market also experienced a strengthening of the local

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It’s getting no better… naira now 412 per dollar

    It’s getting no better… naira now 412 per dollar

The naira has attained a fresh all-time low of 412/$1 on Friday, as dollar scarcity bites harder at the parallel market. Foreign exchange scarcity continued on the parallel market as

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Dollar chained ahead of Yellen speech

    Dollar chained ahead of Yellen speech

Dollar bulls and bears were both restrained this week with prices stuck in a tight range as investor anxiety mounts ahead of Friday’s heavily anticipated Jackson Hole gathering. This event

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Naira hits all-time low of 351/$1 at interbank market

    Naira hits all-time low of 351/$1 at interbank market

The naira fell to an all-time low of 350.91 to a single dollar at the interbank market on Friday morning. According to Reuters data, the local currency traded at 350.91

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How naira went from 209/$1 to a 43-year low of 400/$1 in 365 days

  How naira went from 209/$1 to a 43-year low of 400/$1 in 365 days

The naira has depreciated by over 91 percent at the parallel market in the past one year, TheCable can report.

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OOPS! Naira trading at 316, 350 and 382 to the dollar

  OOPS! Naira trading at 316, 350 and 382 to the dollar

The naira is depreciating on all fronts to trade as low as 382 to the dollar in Nigeria’s commercial capital,

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Market gains but naira falls to 313 after CBN record rates hike

  Market gains but naira falls to 313 after CBN record rates hike

The Nigerian Stock Exchange (NSE) opened on a positive note on Wednesday, after the Central Bank of  Nigeria (CBN) raised

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Naira stable at 378/$1 ahead of CBN monetary policy decision

  Naira stable at 378/$1 ahead of CBN monetary policy decision

The naira remained stable on Monday at the parallel market, ahead of the Central Bank of Nigeria (CBN) monetary policy

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After crossing 300 mark, naira falls to 330 in less than 24 hours

  After crossing 300 mark, naira falls to 330 in less than 24 hours

The naira has taken a further plunge at the interbank market on Friday, to trade at 330 against the dollar,

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It’s official… naira now Africa’s worst performing currency of 2016

  It’s official… naira now Africa’s worst performing currency of 2016

The Nigerian naira took a dive on Thursday at both parallel and official markets, becoming the worst performing currency in

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