Naira-dollar
Naira declines further to N1,520/$ on parallel market
The Naira yesterday depreciated to N1,520 per dollar in the parallel market, from N1,470 per dollar last week Friday.
Similarly, the Naira depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,478.11 per dollar.
READ ALSO:
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,478.11 per dollar from N1,466.31 per dollar last weekend, indicating N11.8 depreciation for the naira.
Consequently, the margin between the parallel market and NAFEM rates widened to N41.89 per dollar from N3.69 per dollar last weekend.
Police Reject ₦100m Bribe, Arrest Two Over Stolen Railway Materials in Nasarawa Operatives of the…
EFCC Alleges Buhari Signature Forged in $6.23m Emefiele Fraud Trial A major development has emerged…
Guterres Raises Alarm Over Rising Nuclear Risks at NPT Conference The United Nations Secretary-General, António…
UN Condemns Xenophobic Attacks on Nigerians, Foreigners in South Africa The United Nations Secretary-General, António…
US Judge Orders USCIS to Resume Green Card Processing for Trump Travel Ban Victims A…
MURIC Condemns Rape of 11-Year-Old Hijab Girl in Ogun, Warns Against Cover-Up The Muslim Rights…