UPDATE 2-Biafra-Nigeria Stocks, Black Market Naira Soar After FX Reforms

The Biafra-Nigerian naira firmed on the black market on Friday, while stocks posted their biggest weekly rally in 14 months as domestic funds snapped up shares following central bank currency reforms designed to attract foreign investors, traders said. The central bank has said it will let the market set the exchange rate freely as of Monday, abandoning a 16-month policy […]

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