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Nigerian central bank sells $500 million at 280 naira/$

LAGOS, June 20 (Reuters) - Nigeria’s central bank sold $500 million at 280 naira to the dollar at the interbank market on Monday after a “managed float” of the naira failed to attract trading between banks due to liquidity concerns, traders said.

Interbank trading has been extended until 5 p.m. (1600 GMT), the traders said. (Reporting by Chijioke Ohuocha; Writing by Joe Brock; Editing by Ulf Laessing)

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