Top Stories
Naira Appreciates To ₦1,530/$ From ₦1,535 In Parallel Market
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 $173.51 million traded on Thursday.
Consequently, the margin between the parallel market and NAFEM rates widened to N20.33 per dollar from N14.76 per dollar on Thursday.
- News18 hours ago
Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe
- Top Stories21 hours ago
Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB
- Top Stories22 hours ago
NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024
- Top Stories32 minutes ago
Naira Depreciates To ₦1,750/$ In Parallel Market
- Politics30 minutes ago
Why Nigerians are in pain, difficulties amid Tinubu’s reforms – Edun
- News25 minutes ago
Wike, G5 Governors Out To Destroy PDP – Rep Member Ugochinyere
- Top Stories16 minutes ago
Trump picks Scott Bessent, the ‘investor favorite,’ for Treasury secretary