Speculators Lose Billions As Naira Appreciates, Exchanges For 540/$

Nigeria’s currency, the naira has appreciated further in the parallel market as the dollar was sold for N540 on Wednesday, with traders saying speculators hoarding dollars would be losing a lot of money, according to The PUNCH. The dollar, which was bought and sold for N578 and N580 as of the end of September, was […]

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