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Nigeria's leading finance and market intelligence news report.

Naira gains 0.12% amid declining liquidity

Nigeria’s currency on Wednesday strengthened against the dollar by 0.12 percent amid low liquidity at the Investors and Exporters (I&E). The daily foreign exchange market turnover declined by 59.05 percent to $21.92 million on Wednesday from $53.53 million recorded on the previous day. Consequently, after trading on Wednesday the naira/dollar exchange rate closed at N410.50k…

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