BusinessDay
Nigeria's leading finance and market intelligence news report.

Naira weakens as BDCs fund account Friday

Nigeria’s currency reversed Thursday’s gain as it weakened by N1.50k, exchanging with the dollar at an average rate of N465 on Friday, from N463.50k traded on the previous day on the black market. The foreign exchange market has witnessed dollar shortages since early this year as a result of sharp drop in prices of oil,…



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