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Nigeria's leading finance and market intelligence news report.

Naira weakens by 0.31% despite improved liquidity

Nigeria’s currency on Tuesday weakened against the dollar by 0.31 percent in spite of improved liquidity at the Investors and Exporters (I&E) forex window. The foreign exchange daily market turnover increased by 18.03 percent to $53.53 million on Tuesday from $45.35 million recorded on the previous day. Consequently, after trading on Tuesday, naira/dollar exchange rate…

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