Naira-dollar
The Naira yesterday depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday.
However, the Naira appreciated to N1,601.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,601.2 per dollar from N1,654.09 per dollar on Wednesday , indicating N52.89 appreciation for the naira.
READ ALSO:
The volume of dollars traded (turnover) in the official market increased by 69 percent to $230.99 million from $136.68 million traded on Wednesday.
Consequently, the margin between the parallel market and NAFEM rate widened to N137.8 per dollar from N80.91 per dollar on Wednesday.
Alleged money laundering: Court temporarily freezes 21 bank accounts, orders holders’ arrest A Federal High…
Youths beat Osun monarch for appointing Imam on disputed community The crisis erupted in the…
Lagos commuter bus summersaults, LASTMA rescues 8 injured passengers The Lagos State Traffic Management Authority (LASTMA)…
Peter Obi has retired other political opposition figures – Reno Omokri Author and former media aide to ex-president…
Policeman celebrating promotion kills Ekiti woman in accidental discharge A young woman identified as Ifeoluwa Adekalu…
Peter Obi visits Dele Farotimi Peter Obi, the Labour Party’s presidential candidate in the 2023…