News
Naira Crashes Again, Depreciates To N1,615/$ In Parallel Market
The naira continued its downward trend on Tuesday, falling to N1,615 per dollar in the parallel market, a further slide from N1,610 per dollar recorded the previous day.
Similarly, in the Nigerian Foreign Exchange Market (NFEM), the naira depreciated to N1,602 per dollar.
According to data released by the Central Bank of Nigeria (CBN), the indicative exchange rate rose to N1,602 per dollar, up from N1,596 on Monday, reflecting a N6 loss in value for the local currency.
As a result, the gap between the parallel market rate and the official NFEM rate narrowed slightly to N13 per dollar, compared to N14 per dollar on Monday.
JAMB Restores CAPS, Urges Schools To Speed Up 2026 Admissions
Oyetola @72: Oyintiloye Lauds Rare Achievements In Marine Sector
Otan Ile Grammar School Marks 50th Anniversary, Seeks More Teachers
Why Ronaldo Missed Portugal’s Victory Against Norway – Coach Jorge
2027: PDP Members Decamp To APC In Kwara Politics
Trump Offered To Sell Arms To China — US Ambassador
-
News5 days agoNUC Board Chairman Demands Harmonisation Of University Regulatory System
-
Opinion4 days agoOsun Central 2027: A Governor Has Ready-Made Allocation, A Senator Must Lobby; Kunle Adegoke’s Strong Voice Is Needed
-
News5 days agoRising Cost Of Educational Materials: ITK Foundation Donates 100,000 Exercise Books To Osun Secondary School Students
-
News5 days agoOsun Communities Urge Tinubu to Revive Abandoned Eko-Ende Bridge, Ikirun-Ogbomoso Road