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Naira is N310 to dollar at parallel market

Ola Simeon by Ola Simeon
February 8, 2016
in Business, News
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The Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market.
It previously exchanged between N305 and N307 to the dollar early last week.
However, the naira closed at N197 to the dollar at the official apex bank rate.
Traders at the market were hopeful that the naira would appreciate as soon as the Central Bank of Nigeria resumed sale of forex to the commercial banks.

Tags: dollarnairaparalled market
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.