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The Naira yesterday appreciated to N1,518 per dollar in the parallel market from N1,520 for a dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,493.2 per dollar…
The naira yesterday depreciated to N1, 620 per dollar in the parallel market from N1,618 per dollar on Tuesday. But, the Naira appreciated to N1,599 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira fell to N1,599…
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The naira yesterday appreciated to N1, 618 per dollar in the parallel market from N1,620 per dollar on Monday. But, the Naira depreciated to N1,604 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,604…
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The Naira gained value impressively at the official and parallel foreign exchange markets on Friday to end the week on a good note. The Central Bank of Nigeria’s exchange market data showed that the Naira appreciated to N1,535 per dollar on Friday from N1,567 per dollar on Thursday. This showed that the Naira gained N32…
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The Naira yesterday appreciated to N1,725 per dollar in the parallel market from N1,735 per dollar last week Friday. But the Naira depreciated to N1,676.9 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,676.9 per dollar from N1,666.72 per dollar…
The naira massively depreciated against the dollar at the foreign exchange market to kick off the week on a negative note amid a significant drop in Forex supply on Monday. FMDQ Data showed that the naira dropped to N1670.65 per dollar on Monday from N1600 exchanged last Friday. This represents a N70.65 depreciation. Similarly, at…
The Naira depreciated to N1,635.15 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,635.15 per dollar from N1,631.21 per dollar last Friday, indicating N3.94 depreciation for the naira. However, the Naira yesterday rose to N1,660 per dollar in the parallel…
THE Naira yesterday appreciated to N1,580 per dollar in the parallel market from N1,585 per dollar last weekend. Similarly, the Naira yesterday appreciated to N1,570.99 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,570.99 per dollar from N1,574.2 per dollar…
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The Naira yesterday fell to N1,575 per dollar in the parallel market from N1,565 per dollar on Tuesday and also depreciated to N1,586.71 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,586.71 per dollar from N1,548.76 per dollar on Tuesday,…
The Naira against dollar appreciated on the black market but depreciated at the official foreign exchange window. Bureau De Change operators in Wuse Zone 4, Abuja, said the dollar is exchanged at N1,550 at the black market as against N1,565 on Thursday, recording an N15 gain. “We buy at N1,530 and sell at N1,530 on…
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