Naira gains, stock market hits new high

Nigerian naira gained on Friday to trade at about 370 per dollar at the parallel market, while the British pound and European euro went for 480, 415, respectively. The country’s foreign exchange reserves however took a dip, sinking from $30,360,798,903  to $30,329,636,331 — shedding over $30 million in less than 24 hours. A bullish ride […]

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