inflation

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Naira down to N1,625 in NAFEM

By Elizabeth Adegbesan The Naira depreciated to N1,625.88 per dollar yesterday in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,625.88 per dollar from N1,611.34 per dollar on Tuesday, indicating N14.54 depreciation for the naira. The volume of dollars traded (turnover) in the […]

Naira appreciates to N1,615 in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,615 per dollar in the parallel market from N1,620 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,593.93 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.93 per dollar from […]

Inflation rate eases to 33.4% in July

‘This rise is attributed to increased prices for items such as semovita, yam flour, wheat flour, yam, Irish potatoes, groundnut oil, palm oil, and various beverages’

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