News
Naira Down To N1,405 In Parallel Market
The naira yesterday depreciated to N1,405 per dollar in the parallel market from N1,375 per dollar on Wednesday.
Similarly, the naira depreciated to N900.96 per dollar in the Nigerian Foreign Exchange Market (NAFEM).
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N900.96 per dollar from N882.24 per dollar on Wednesday, indicating N18.76 depreciation for the naira.
Consequently, the gap between the official and parallel market exchange rates widened to N504.04 per dollar yesterday from N492.76 per dollar on Wednesday.
-
News5 days ago‘You’re A Beacon Of Hope And A Mother To Many,’ Adelabu Lauds Mrs Oyetola At 66
-
News5 days agoAdeleke Summons IBEDC, Reassure Rainstorm Victims Of Emergency Support
-
News5 days agoReconciliation Still Possible After PDP Factional Convention —Gbenga Hashim
-
News5 days agoOsun: Boluwaduro LG Flags Off Road Grading Across Communities