Naira-dollar
Dollar sells for N1,715 in parallel market
However, the Naira yesterday appreciated to N1,715 per dollar in the parallel market from N1,725 per dollar last weekend.
However, the Naira yesterday depreciated to N1,603.16 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,603.16 per dollar from N1,600.78 per dollar last week Friday, indicating N2.38 depreciation for the naira.
READ ALSO:
The volume of dollars traded (turnover) in the official market grew by 2.4 per cent to $359.22 million from $350.72 million traded last weekend.
Consequently, the margin between the parallel market and the NAFEM rate narrowed to N111.84 per dollar from N124.22 per dollar last week Friday.
INEC notifies Natasha, Senate of recall petition Suspended Senator Natasha Akpoti-Uduaghan yesterday got a memo from the…
FG declares public holidays for Eid-el-Fitr The Federal Government has declared Monday, March 31, and…
JUST-IN: Ex-Oyo gov Ajimobi’s first child Bisola dies At 42 Busola, the first child of…
Crisis hits LagRide, drivers threaten protest as operators move to withdraw vehicles Drivers of LagRide, a…
Rivers administrator Ibas fires Fubara’s political appointees Rivers State Sole Administrator Ibok-Ete Ibas yesterday suspended all political…
Natasha: Murray-Bruce slams Atiku, defends Akpabio Senator Ben Murray-Bruce, chairman of the Silverbird Group, has reacted…
