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Reading: Naira Trades For 280 to a Dollar at Parallel Market
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Business

Naira Trades For 280 to a Dollar at Parallel Market

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2016/02/24
1 Min Read
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Naira-Dollar-1-1-1-1-1-1-2-1-1-1-1-1-1-1

The Nigerian currency is finally gaining momentum after over a month of sharp decline against the American greenback.

The naira, which was trading at 310 to a dollar on Tuesday, showed healthy signs of recovery on Wednesday to trade for 280 against the United States currency.

Meanwhile, Nigeria’s main opposition party, the Peoples Democratic Party has also shared the news on its Twitter page, stating that ‘the Naira is back to winning ways’.

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The Naira is back to winning ways. $1 now N280. This is very good news.

— The Town Crier (@IamTheTownCrier) February 24, 2016

The economy does not know PDP or APC. We are all affected that is why we must support our country at all times.

— The Town Crier (@IamTheTownCrier) February 24, 2016

No sincere political party can ever wish for its nation to fail. We are excited about the recovery of the Naira. God bless Nigeria.

— The Town Crier (@IamTheTownCrier) February 24, 2016

https://twitter.com/PdpNigeria/status/702476418958168065

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