metro

Naira sells for N1,660 per dollar in parallel market

Naira sells for N1,660 per dollar in parallel market

The Naira today appreciated to N1,660 per dollar in the parallel market from N1,665 per dollar on Thursday.

Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) fell to N1,531 per dollar from N1,548 per dollar on Thursday, indicating N17 appreciation for the naira.

READ ALSO:

Consequently, the margin between the parallel market and NFEM rate widened to N129 per dollar from N117 per dollar on Thursday.

 

Naira sells for N1,660 per dollar in parallel market

Trends Admin

Recent Posts

CFAO subsidiary LOXEA unveils BYD electric vehicles in Nigeria

CFAO subsidiary LOXEA unveils BYD electric vehicles in Nigeria A subsidiary of CFAO Mobility, LOXEA…

2 hours ago

‘Bitcoin could replace U.S. Dollar as global currency’

‘Bitcoin could replace U.S. Dollar as global currency’ BlackRock Chairman and CEO Larry Fink acknowledged…

6 hours ago

Aide to Israel’s Netanyahu arrested in PM corruption probe

Aide to Israel’s Netanyahu arrested in PM corruption probe Israeli police announced on Monday the arrest…

6 hours ago

Kano Gov Yusuf, Sanusi linked to Eid killings

Kano Gov Yusuf, Sanusi linked to Eid killings A coalition of civil society organizations under the Global…

6 hours ago

‘I was offered N5bn bribe to impeach Fubara’

'I was offered N5bn bribe to impeach Fubara' The political tension in Rivers State has taken…

6 hours ago

2027 election: Shehu Sani declares bid for Kaduna central senatorial seat

2027 election: Shehu Sani declares bid for Kaduna central senatorial seat Former Kaduna Central Senator, Shehu…

6 hours ago