BREAKING: Naira Records Major Gain Over Dollar, See New Rates

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The Naira on Tuesday, November 8, recorded gain against the dollar as it now trades at N465/$1 in the black market. This is higher than the N470/$1 rate it maintained for the past one week. According to economists, the gain recorded by the nation’s currency on the unofficial segment of the market can be attributed to improved dollar liquidity to the Bureau De Change (BDC) arm of the market.

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