Business

Naira exchanges for N1,502/$ in parallel market

Naira exchanges for N1,502/$ in parallel market

 

The Naira has depreciated to N1,502 per dollar in the parallel market from N1,500 per dollar on Monday.

However, the Naira appreciated to N1,501.5 per dollar in the Nigerian Foreign Exchange Market (NFEM)

Data published by the Central Bank of Nigeria, showed that the indicative exchange rate for the naira fell to N1,501.5 per dollar from N1,504 per dollar on Monday, indicating N2.5 appreciation for the Naira.

Trends Admin

Recent Posts

How Parents Raised Millions to Free 20 Abducted NYSC Members

How Parents Raised Millions to Free 20 Abducted NYSC Members Parents of the 20 prospective…

11 minutes ago

Lasaco Assurance Retains A(NG) Rating as Revenue Rises 35.2% to N30.8bn

Lasaco Assurance Retains A(NG) Rating as Revenue Rises 35.2% to N30.8bn Lasaco Assurance Plc has…

33 minutes ago

BREAKING: FG Announces 30-Day Petrol Discount, Gives NNPCL Fresh Directive

BREAKING: FG Announces 30-Day Petrol Discount, Gives NNPCL Fresh Directive Public transporters to get priority…

14 hours ago

Petrol Subsidy Return Could Cost Nigeria Over N20tn Yearly—Oyedele

Petrol Subsidy Return Could Cost Nigeria Over N20tn Yearly—Oyedele The Federal Government has warned that…

14 hours ago

Man Allegedly Caught Using Old Tyres to Scam POS Operator

Man Allegedly Caught Using Old Tyres to Scam POS Operator A man was reportedly caught…

14 hours ago

BREAKING: FG Unveils 10 Measures to Cushion Fuel Price, Inflation Pressures

BREAKING: FG Unveils 10 Measures to Cushion Fuel Price, Inflation Pressures The Federal Government has…

14 hours ago