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Month: February 2025

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Naira Appreciates to Seven-Month High, Gains N63 Against Dollar

EkeminiFebruary 3, 2025February 3, 20250

Nigeria’s exchange rate strengthened significantly in January 2025, appreciating by N63.72 to close at N1,474.78 per dollar on January 31, marking its highest level in seven months. The last time the currency traded at a similar rate was on June 11, 2024. The rise has been linked to policies implemented by the Central Bank of […]

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