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Naira To Plunge Further On High Dollar Demand

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The Naira is expected to plunge further against the United States dollar next week as dollar shortage intensifies; following the banning of nine Deposit Money Banks from the foreign exchange market by the Central Bank of Nigeria. Naira notes The CBN had, on Tuesday, banned nine banks from the forex market over their failure to remit the Nigerian National Petroleum Corporation’s $2.334bn to

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