Nigeria may ease grip on Naira-Rencap

Nigeria may ease grip on Naira-Rencap

Nigeria may loosen its grip on the naira for the third time since oil prices began a lengthy collapse in mid-2014,  Renaissance Capital said in a note on Friday, Feb. 17.     Foreign portfolio inflows slumped 70 percent to a nine-year low last year, as investors shelved naira assets on foreign exchange risks. But from its…

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