Naira appreciates N1,625/$ in parallel market
The margin between the parallel market and NFEM rate widened to N4 per dollar from a zero margin on Thursday.
Naira appreciates to N1,550/$ in parallel market
The Naira today appreciated to N1,550 per dollar in the parallel market from N1,555 per dollar last weekend.
Residents lament as cash scarcity hits Kaduna, Kano, Katsina
“We used to charge N100 per N10,000 transaction, but now we charge N200, and most of the time our cash finishes early due to the high demand.”
Why Naira is in massive recovery race across all markets, by bankers
There are indications that the newly introduced foreign exchange market system by the Central Bank of Nigeria, CBN, is the driving force behind the recent massive appreciation of Nigeria’s local currency, the Naira, against the world’s major currencies.
Naira appreciates to N1,555/$ in Parallel market
The Naira gained significant ground against the dollar on Friday, appreciating to N1,555/$ in the parallel market, compared to N1,685/$ recorded on Thursday.
Naira appreciates to N1,725/$ in parallel market
The Naira yesterday appreciated to N1,725 per dollar in the parallel market from N1,730 per dollar on Monday.
