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CBN floats the Naira as banks offer $1 for N700 | TechCabal
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In a move away from a fixed foreign exchange policy, Nigeria's Central Bank has loosened control of rates in what appears to be a managed float. TechCabal confirmed from one of Nigeria's leading banks that the USD is now exchanging for N699 (buy rate) and N700 (sell rate).
Source: TechCabal | Leading Africa’s Tech Conversation

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