How, why Naira rose by over 140/dollar within 48 hours – Experts, Traders Naira, Nigeria’s unit if exchange, has rebounded by 20.8 per cent to 720/dollar at the parallel market, digging a big hole in the purse of hoarders and speculators. The development came two weeks after the local currency came under severe pressure at the black market, following the announcement by the Federal Government to redesign the naira. READ ALSO: Naira Sinks To N860/Dollar, Alters Petrol Depot Dynamics Atiku: Why Obasanjo’s lmage Ought To Be In Redesigned Naira…
Read MoreDollar Hoarders, Speculators Lose As Naira Rebounds to 720/Dollar
