Naira-dollar
Naira appreciates to N1,585/$ in parallel market
The Naira yesterday appreciated to N1, 585 per dollar in the parallel market from N1,595 per dollar on Wednesday.
Similarly, the Naira yesterday appreciated to N1,586.04 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,564.48 per dollar from N1,586.04 per dollar on Wednesday, indicating N21.56 appreciation for the naira.
READ ALSO:
The volume of dollars traded in the market increased by 61.5 percent to $149.24 million from $92.39 million traded on Wednesday.
Consequently, the margin between the parallel market and NAFEM rate widened to N20.52 per dollar from N8.96 per dollar on Wednesday.
Late COAS Lagbaja gets CFR honour, buried amid tributes The late Chief of Army…
Food price, transport fare hike push Nigeria's inflation to 33.88% Rising cost of living based…
Supreme Court dismisses 16 govs suit challenging EFCC legality The Supreme Court has dismissed the…
Executive Secretary FCDA Hadi Ahmad suspended indefinitely Executive Secretary, Federal Capital Development Authority FCDA,…
Just in: Rivers, Anambra high court judges suspended for one year The National Judicial…
Apomu king turns warmonger for PDP Tunde Odesola (Published in The PUNCH, on Friday, November…