cbn exchange rate updates

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    Business UPDATE 1-Nigeria central bank weakens naira to 307/US$ for first time

    LAGOS, Dec 4 (Reuters) – Nigeria’s central bank on Monday weakened the naira marginally, selling dollars at 307 Naira each for the first time on the official interbank market, in what traders say could signal a gradual move to merge its multiple exchange rates. Nigeria’s convoluted exchange...
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