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Nigeria devalues naira, official rate now 411 to dollar

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Nigeria let the naira weaken to a record low against the dollar on the official market on Friday, according to traders, who said this could be a move by the central bank to unify multiple exchange rates.  Having traded within a band of 380 and 381 to the dollar since July last year, the naira hit a record low of 419.75 against the dollar on Friday. It then closed at 411.25 — the last closing rate for the naira on the over-the-counter spot market. The central bank did not respond to calls for comment and no quotes have been available on the naira’s official rate since Tuesday. It weakened further on the black market, traders said.   “What the central bank is saying is that the (OTC) spot rate will be the official rate because that’s where the largest volumes trade,” one currency trader at a major Nigerian bank told Reuters.  Nigeria operates multiple currency regimes, which frustrate businesses and have prompted calls from the World Bank for the rates to be unified to attrac

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This Is Black Magic!!!! Yvonne Jegede Is Breathtakingly Beautiful In New Snaps

Nollywood star Yvonne Jegede is the perfect dose of beauty we need for the weekend and we are soaking in this perfection. The TV star stepped out looking breathtakingly beautiful in a black dress and she slayed it to perfection. The actress rocked a black leather and velvet gown with a side drape that had a big bow sitting in the side of the dress. She showed off her long well-toned legs as she accessorized the look with silver strappy heels. Yvonne switched her hair and went for braids this time keeping her makeup flawless and clean. This look is absolutely regal and gets a stamp of approval from us. You Are A Mumu – Annie Idibia & Others Clapback At Troll

AWWW SO BEAUTIFUL! Actress Uju Okoli Is A Beauty To Behold Without Makeup, See Her Lovely Photos

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Uju Okoli is one of Nigeria' s best actress who looks nothing less than a beautiful lady without makeup. She is movie herself, and to cut the story short, when she appears infront of the camera she plays any role given to her perfectly. The famous actress is endowed with natural beauty and always looks beautiful if she chooses to stay off from makeup for some time. One can tell with certainty that Uju Okoli is beautiful.

See Expensive Clothes Worn By The Lady Who Was Arrested By EFCC

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Without a doubt, everyone likes money and expensive things, however, it does not mean that we should do something very wrong just to become rich and famous. In this life, it is good to always be patient and wait for God's time, it doesn't matter how long it's going to take before your prayer is answered. Not long ago, a beautiful young lady was arrested by EFCC, the beautiful young lady was arrested days after flaunting her wealth online. According to reports, the Markurdi Zonal Office of the EFCC on Saturday 1, May apprehended four members who are believed to be a group of internet fraudsters living in Markurdi, Benue State. However, the only lady among them whose name is Okiemute Deborah reportedly flaunted her riches on the internet before she was arrested by the EFCC. A quick look at her Facebook photos shows that Okiemute Deborah has been living her best life, check out photos of the young lady which revealed the luxurious life she has been living below

SO CHARMING! Checkout Gorgeous Photos Of Actress, Luchy Donald Flaunting Her Curves In Different Outfits

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Luchy Donalds, is a talented, hardworking and friendly Nigerian actress, who loves sharing lovely photos of herself on her Instagram account. She was born on the 29th of May, 1991, and she is a stunning 29- year- old actress. Luchy Donald, who is capable of playing any role in a movie, is a very fashionable personality who enjoys looking nice, and she does this by dressings stylishly every day because she is also a photo model.

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