Speculators’ Resistance Pulls Down Naira …C0NTINUE READING HERE >>>
After its appreciation last week, the value of the naira began the week on a depreciating note as currency traders urged the Central Bank of Nigeria to keep the momentum, saying speculators may resist the appreciation of the naira.
Finance experts have attributed the recent surge in the value of Naira against dollar in recent times to improved market confidence following the successful launch and implementation of the new Electronic Foreign Exchange Matching System (EFEMS) on…
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