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NDFs show weaker Naira as released Nigerians hunt Dollars

NDFs show weaker Naira as released Nigerians hunt Dollars Five-year non-deliverable forwards are pointing to Naira rates at 570 per dollar, tumbling from 413 to the dollar, as Nigerian businesses released from lockdown face a shortage of dollars. Bureau de Changes saw supplies of dollars dwindle as an extended ban on flights reduced dollar inflows […]

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