Naira Sells For New Rate as Nigeria Secures New $925 Million Oil-Backed Loan From Afreximbank

Friday saw a flat change in the value of the naira for the week as new oil facilities valued at $925 million bolstered foreign reserves. The local currency gained by 0.13% as the dollar was quoted at N1,483.99 compared to N1,485.99 the previous day Similar to this, the external reserves also gained by 0.31% to close the week at $32.794 billion from $32.694 billion...

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