Naira slips to record-low as politics worsen FX woes

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Business Day

Nigeria’s naira fell further against the dollar to its lowest level ever at the parallel market on Friday, complicating the Central Bank’s efforts to rein in the rapid rise in the price of goods and services in the import-dependent nation. The renewed demand pressure in the foreign exchange market has mostly come from politicians and […] read more Naira slips to record-low as politics worsen FX woes

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