ABUJA, March 20 (Reuters) - Nigerian central bank has sold
the U.S. dollar to local Jaiz Bank at 360 naira on the official
currency market, weaker than the 306 where it was previously
pegged, traders said on Friday.
The move on the currency implies a 15% devaluation, traders
said, adding that no quotes were shown on Friday for the naira
on the official market.