The overnight inter-bank rates rose to 17.83 percent on Tuesday, higher than 15.58 percent the previous day. Also, the Open Buy-Back (OBB) increased to 16.75 percent from 14.83 percent, data from FMDQ show.
The Nigerian currency on Tuesday dropped further in value to a low record of N507 per U.S dol
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HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
