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View Full Version : Nigeria's Naira Hits Three-Month Low as Oil Import Demand Rises - Bloomberg



NewsWhore
05-22-2012, 09:30 AM
Nigeria's Naira Hits Three-Month Low as Oil Import Demand Rises (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG2lc2BzqPcziARTYcDLZnvZ8VHNw&url=http://www.bloomberg.com/news/2012-05-22/nigeria-s-naira-hits-three-month-low-as-oil-import-demand-rises.html)
Bloomberg
The currency of Africa's biggest oil producer depreciated as much as 0.2 percent to 159.1 per dollar, the lowest since Feb. 14 on a closing basis, before trading at 159 per dollar as of 12:31 pm in Lagos, the commercial capital.

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