Business
Naira Depreciates To N1,465/$ In Parallel Market
The naira yesterday depreciated to N1,465 per dollar in the parallel market from N1,445 per dollar on Tuesday.
However, the naira appreciated to N1,418.78 per dollar in the Nigerian Foreign Exchange Market (NAFEM).
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,418.78 per dollar from N1,433.89 per dollar on Tuesday, indicating N15.11 appreciation for the naira.
Consequently, the gap between the official and parallel market exchange rates widened to N46.22 per dollar yesterday from N11.11 per dollar on Tuesday.
-
News5 days agoOsun 2026: Action Alliance Elects Farinloye As Governorship Candidate, Pledges People-Centred Governance
-
News5 days agoFRSC To Prosecute Peller After Crash
-
News4 days agoOsinbajo, Adeleke, Aregbesola Inaugurate N34bn UNIOSUN Medical Research And Training Hospital
-
News5 days agoMuftwang Sets To Defect To APC