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Naira falls to N1,350/$ in parallel market

Naira falls to N1,350/$ in parallel market

The naira yesterday fell to N1,350 per dollar in the parallel market from N1,295 per dollar on Tuesday.
However, the naira depreciated to N931.23 per dollar in the Nigerian Foreign Exchange Market (NAFEM).

Naira depreciates to N1,265/$ in parallel market

Naira depreciates to N1,265/$ in parallel market

By Elizabeth Adegbesan The naira yesterday fell to N1,265 per dollar in the parallel market from N1,260 per dollar last week Friday.However, the naira depreciated to N838.95 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N838.95 per dollar from N890.54 per […]

Naira gains 19% to N874.79/$ in NAFEM

Naira gains 19% to N874.79/$ in NAFEM

The naira yesterday appreciated N874.79 per dollar in the Nigerian Foreign Exchange Market (NAFEM).

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N874.79 per dollar from N1,082.32 per dollar on Wednesday, indicating 19 per cent or N207.53 appreciation for the naira.