LAGOS — The Central Bank of Nigeria, CBN, yesterday ordered importers to repatriate their dollar earnings within 180 days or risk suspension from all segments of the foreign exchange market.
Meanwhile, the Naira, yesterday, suffered sharp depreciation against the dollar in the parallel market and the interbank market in reaction to the closure of the official foreign exchange market by the CBN.
At the parallel market, the naira depreciated by N5 as
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