The Naira has appreciated in the parallel market to N1,530 per dollar from N1,535 per dollar on Thursday.
Similarly, the Naira appreciated to N1,509.67 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,509.67 per dollar from N1,520.24 per dollar on Thursday, indicating N10.57 appreciation for the naira.
The volume of dollars traded (turnover) in the market fell by 32.6 percent to $116.88 million from $173.51 million traded on Thursday.
Consequently, the margin between the parallel market and NAFEM rates widened to N20.33 per dollar from N14.76 per dollar on Thursday.
Zenith Bank, one of Nigeria’s leading financial institutions, has restored improved services across its electronic…
There is currently tension in Rivers State as individuals suspected of arson reportedly detonated explosives…
VFS Global, an outsourcing and technology service specialist, has been appointed by the Australian Department…
In today's Saturday Tribune column, I analyze the symbolic implications of President Tinubu choosing to…
The Police Command in Rivers State has explained why its operatives stormed the Rivers State…
Popular Nollywood actress, Toyin Abraham has addressed unpaid debt allegations made by a seamstress on…
