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Naira strengthens as foreign funds snub election risks

Naira gained 0.55 percent on the US dollar week-on-week following renewed buying interest of foreign investors in Nigerian bond. Reuters reports traders on Thursday to have said the naira, which was quoted at between 362.50 and 363 a week ago on the over-the-counter market, fell to 361 against the US dollar as foreign funds shrugged…

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