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Naira falls on black market as FX turnover declines by 52.09%

Nigeria’s currency, on Wednesday depreciated by N1.00k against the dollar on the black market, due to increased demand by end users, amid dollar shortage. Consequently, the dollar was sold at the rate of N474 on Wednesday as against N473 sold on Tuesday. The greenback was quoted at N475 on platform. The daily foreign exchange…

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