Naira-dollar
Naira records marginal appreciation, exchanges for N1,700/$
The Naira yesterday appreciated to N1,700 per dollar in the parallel market from N1,705 per dollar on Monday.
Similarly, the Naira depreciated to N1,669.15 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,669.15 per dollar from N1,541.94 per dollar on Monday, indicating N127.2 appreciation for the Naira.
READ ALSO:
The volume of dollars traded (turnover) in the official market declined by 2.97 percent to $176.45 million from $181.86 million traded on Monday. Consequently, the margin between the parallel market and NAFEM rate narrowed to N30.85 per dollar from N163.06 per dollar on Monday.
₦50,000 Relief Fund: FG Reveals Criteria for Selecting Beneficiaries The Federal Government has explained how…
BREAKING: Ronaldo Retires From International Football After 23 Years With Portugal Portuguese football superstar Cristiano…
BREAKING: Court Sacks David Mark-Led ADC Exco, Nullifies Atiku’s 2027 Presidential Candidacy The Federal High…
Nike Faces Religious Backlash as Libya’s Grand Mufti Bans Muslims From Buying, Wearing Products Libya’s…
Trouble in ADC as Momodu, South-West Leaders Raise Alarm Over Atiku Campaign Fresh cracks have…
Sultan Honours MURIC Founder Ishaq Akintola for Decades of Religious Rights Advocacy MURIC Congratulates Ishaq…