Naira-dollar
Naira falls again to N1,610/$ in official market
The Naira yesterday depreciated to N1,610 per dollar in the parallel market from N1,600 per dollar last week Friday.
Similarly, the Naira yesterday depreciated to N1,596.6 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1596.6 per dollar from N1,570.14 per dollar last week Friday, indicating N26.46 depreciation for the naira. The volume of dollars traded (turnover) in NAFEM fell by 17.3 percent to $102.93 million from $120.81 million traded last weekend.
READ ALSO:
Consequently, the margin between the parallel market and NAFEM rate narrowed to N13.4 per dollar from N29.86 per dollar last weekend.
Court adjourns Yahaya Bello’s trial till Nov 27 The Economic and Financial Crimes Commission (EFCC)…
We are understaffed, ICPC boss laments Musa Adamu Aliyu, the Chairman of the Independent Corrupt…
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name Edo State Governor, Monday Okpebholo, has directed…
Wike claims Adeyanju became activist after he rejected request to be PDP Publicity Secretary Minister of…
VeryDarkMan to Falana: I won’t apologise to anybody Ahead of the court hearing of a defamation…
Court adjourns Falana’s suit against VeryDarkMan to January 2025 An Ikeja High Court on Thursday…