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    In a significant move, the Central Bank of Nigeria (CBN) bought about $189.8 million in foreign exchange last week to control the naira’s rapid rise in the official market. This shows a clear change in the bank’s method of managing the currency’s value. Market reports, including one from TrustBanc Financial Group Limited, confirmed the intervention … The post Central Bank of Nigeria Buys $190M to Stabilize Naira appeared first on Business Elites Africa.
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