Business
It’s No Longer N1,240 Per Dollar – Naira Appreciates In Parallel Market (SEE EXCHANGE RATE)
It’s No Longer N1,240 Per Dollar – Naira Appreciates In Parallel Market (SEE EXCHANGE RATE)
Yesterday, the naira experienced an appreciation, reaching N1,240 per dollar in the parallel market compared to the N1,250 per dollar recorded last Friday.
Simultaneously, in the official Nigerian Foreign Exchange Market (NAFEM), the naira strengthened to N888.35 per dollar.
Read Also NNPCL Gives Fresh Update On Month Port Harcourt Refinery Will Be Ready
Data sourced from FMDQ revealed that the indicative exchange rate for NAFEM decreased from N889.86 per dollar the previous Friday, marking a notable N1.51 appreciation for the naira.
Consequently, the gap between the official and parallel market exchange rates contracted to N351.65 per dollar yesterday, a reduction from the N360.14 per dollar reported last week Friday.
Never Miss Any News, Join Our WhatsApp Group With This Link Below
-
Latest News6 days agoTinubu Announces New Appointment, Sends Nominee To Senate For Confirmation
-
Latest News1 week agoShake-Up At CBN: Deputy Governors Redeployed, Full List Released
-
Politics2 days agoBREAKING: Tinubu Inaugurates New Ministers
-
Politics1 week agoJune 12: Tinubu Set For Nationwide Broadcast, NASS Address
-
Politics6 days agoWike Clears Air On Chinda, Says INEC Candidate List Drops In July
-
Education2 weeks agoNELFUND Refutes Claims Of Suspending Students’ Upkeep Allowance
-
Latest News2 days agoINEC Drops Final List Of Candidates For June 2026 Bye-Elections
-
Politics2 weeks agoGanduje Fires At Kwankwaso: “He Was Once My Political Boy
-
Latest News6 days agoPolice Provide Fresh Update On Release Of Abducted Oyo Pupils, Teachers
-
Politics2 weeks ago2027: Kwankwaso Breaks Silence After Being Named Peter Obi’s Running Mate
-
Politics2 weeks agoRefund My Presidential Nomination Fee” — DLA Aspirant Demands Payback From Party
-
Politics1 week agoKano Lawmaker Dumps NDC, Rejoins APC