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Naira Crashes To N405 Per Dollar At Parallel Market [Update]

The Naira has dipped further south on Friday after selling for 405 to the dollar at the parallel market.

The British Pounds Sterling sold for 490 while the Euro went for 425.

There is a remarkable difference with the Naira from Thursday when it sold for 397, with Pounds selling at 485, and Euro 420.

The crash came despite Central Bank of Nigeria [CBN] intervention, haven injected dollars severally into the economy to salvage it.

More details will follow…

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