Naira-dollar
Naira appreciates to N1,685 in parallel market
The Naira yesterday appreciated to N1,685 per dollar in the parallel market from N1,700 per dollar on Monday.
Similarly, the Naira appreciated to N1,659.26 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,659.26 per dollar from N1,669.15 per dollar on Wednesday, indicating N9.89 appreciation for the naira.
READ ALSO:
The volume of dollars traded (turnover) in the official market increased sharply by 155.2 percent to $450.39 million from $176.45 million traded on Wednesday.
Consequently, the margin between the parallel market and NAFEM rate narrowed to N25.74 per dollar from N30.85 per dollar on Wednesday.
Cybercrime Trial: Court Orders Arrest of Omoyele Sowore The Federal High Court in Abuja has…
Reno Omokri Fires Back at Davido Over “Umu Bingo” Comment Former presidential aide Reno Omokri…
Dangote Refinery Announces New Petrol Price as Crude Oil Eases The Dangote Petroleum Refinery has…
Gunmen Kill Two Soldiers, Police Officer in Plateau Midnight Raid Suspected gunmen attacked the National…
Emeka Ike Files N10bn Lawsuit Against INEC, Wike’s Aide Over Voter Data Leak Nollywood actor…
Why I Have Not Resumed as Ambassador to Mexico — Reno Omokri Nigeria’s ambassador-designate to…