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Naira depreciates to ₦1,498.98/$1 after 3-day gain
The Naira depreciated in the official market on Monday, trading at ₦1,498.98 to a Dollar. Data from the Central Bank of ...
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Cash Crunch Triggers 171% Rise in Banks' Borrowings From CBN
In apparent reflection of liquidity constraints in the interbank money market, banks' borrowing from the Central Bank of Nigeria, CBN, rose by 171 percent month-on-month (MoM) to N24.81 trillion in ...