Naira depreciates to N1,485/$ at parallel market
The naira depreciated yesterday to N1,485.99 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Naira rises to N1,060/$ in parallel market
The Naira, yesterday, appreciated to N1,060 per dollar in the parallel market, from N1,105 per dollar on Wednesday. However, the Naira depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,154.08 per dollar.
Naira down to N1,100$ in parallel market
The Naira, yesterday, depreciated to N1,100 per dollar in the parallel market, from N1,080 per dollar on Monday.
Naira makes recovery, gains 7.2% against dollar
The naira experienced huge appreciation on Friday at the official market, trading at N1,142.38 to the dollar.
Naira best-performing in April, to exchange below N1,000 per Dollar – Goldman Sachs
According to a report by Goldman Sachs economists, with the appreciation rate of the Naira in the foreign exchange market, the currency may exchange below N1,000 per Dollar in the coming months.
Why naira is appreciating against dollar
The policies of the apex bank led by Dr Olayemi Cardoso are responsible for the naira’s steady appreciation.
