Nigeria: Declining Naira Value Triggers 38.1 Percent Rise in Nigeria’s Import

Nigeria’s import trade in the second quarter of 2016 rose by 38.1 per cent to ₦2.07 trillion, from ₦1.5 trillion in the preceding quarter as a result of a decline in Naira value, the National Bureau of Statistics, NBS, said. The Naira closed at N314.20 on Monday, from N314.77 to the dollar it exchanged for at…

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ACTUALITÉ AFRICAINE À TOUTE HEURE

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