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BREAKING: Naira depreciates against Euro in black market

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The Nigerian Naira has experienced a notable depreciation against the Euro in the black market, raising concerns within the financial sector.

Recent reports indicate a substantial decline in the Naira’s value, with exchange rates reaching N1090 for buying and N1105 for selling against the Euro.

This depreciation has garnered attention and prompted discussions about the economic implications of such currency fluctuations.

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