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  • The Nigerian currency has continued its pushback against the US dollar and other major currencies
  • The naira traded at about N1,245 per dollar in the parallel market and N251 in the official window
  • The development follows a demand by black market operators that the CBN should reduce the buying rate of the dollar it sells to them

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Nigerian currency has continued its upward swing against the US dollar for the fourth consecutive week since its devaluation in January 2024.