Thursday, March 5, 2015
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Dollar trades in upper 200 Naira in early Nigeria deals
The U.S. dollar traded in the upper 200 naira range in Lagos Nigeria early Thursday tradings.
At 9 a.m., the dollar was quoted at 280.30 naira compared with 229.62 naira in Lagos at 5 p.m. Wednesday.
The continuous fall in naira tells the complete story of the effect of former CBN governor Sanusi removal and his tight fist control on the naira and economy.
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