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foreign reserves

Will the naira fall again? Exchange rate improves as analysts warn fuel importers could reverse gains

by Micheal Olaleye
Naira Exchange Rate Today

Nigeria’s currency ended the week on a stronger note after recording gains against the US dollar in both the official and parallel foreign exchange markets. The positive performance comes even as market analysts caution that increased demand for foreign currency, particularly from fuel importers, could place the naira under renewed pressure in the coming days. … Read more

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