Naira-dollar
Naira exchanges for N1,660/$ in parallel market
The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar on Monday.
But, the Naira appreciated to N1,549 per dollar in the official foreign exchange market.
Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) fell to N1,549 per dollar from N1,550 per dollar on Monday, indicating N1 appreciation for the naira.
READ ALSO:
Consequently, the margin between the parallel market and NFEM rate widened to N111 per dollar from N105 per dollar on Monday
Breaking: Adeleke Crushes APC’s Oyebamiji, Wins Second Term in Osun OSOGBO — Governor Ademola…
Osun Decides: Adeleke Sweeps 19 LGAs, Oyebamiji Takes 11 as Incumbent Heads for Second Term…
Nigerian military’s X account hacked as attackers push crypto scam The official X account of…
Peterside Demands INEC Explain Hours-Long Delay in Uploading Final Osun Election Results Businessman, Davido, Yiaga…
From Pulpit to Ifá Shrine: Ex-Pastor Exposes 'Deceit' in Christianity, Embraces Yoruba Tradition After a…
Osun election: Adeleke widens lead as Oyinlola, Omisore lose polling units Governor Ademola Adeleke of…