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    Business Nigerian Naira Reacts to IMF Prediction, Weakens 3.4% to N293/USD1

    The Nigerian naira on Tuesday immediately reacted to the International Monetary Fund adjustment on Nigeria's economic outlook for 2016 by sliding to all time low at the inter-bank market. The Naira weakens 3.4% to N293.25 to a dollar at 3:23pm in Lagos, the commercial hub of Nigeria. The...
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