The naira recorded a significant gain against the United States dollar on the parallel market on Thursday, three days after the Central Bank of Nigeria adjusted its foreign exchange policy. Specifically, the local currency jumped from N505/dollar recorded on Wednesday to N495/dollar on Thursday, as the new policy measure continued to reverberate across the forex […]

via N1.85tn non-performing loans eroding confidence in banking sector – NDIC — kaykayjabari’s Blog

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