Brands and Marketing
BREAKING: Naira Falls To N1,635 Per Dollar In Parallel Market

BREAKING: Naira Falls To N1,635 Per Dollar In Parallel Market
According to recent report, In the parallel market, the naira depreciated to N1,635 per dollar, a decline from N1,625 per dollar last weekend.
However, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira appreciated to N1,585.77 per dollar, up from N1,598.56 per dollar last weekend, representing a gain of N12.79.
According to data from FMDQ, the total value of dollars traded in NAFEM plummeted by 58.8% to $71.18 million, down from $172.8 million on Friday.
As a result, the gap between the parallel market and NAFEM rates expanded to N49.23 per dollar, from N26.44 per dollar last weekend.
-
Education1 week ago
Judge Halts Trump’s Effort to Dismantle Education Department, Orders Reinstatement of Laid-Off Workers
-
Headline1 week ago
FG to Sell Emefiele’s 753 Duplexes to Nigerians, Experts Question Affordability
-
Headline1 week ago
Atiku, Obi Camps Agree on ADC as Coalition Platform to Challenge Tinubu in 2027
-
Headline1 week ago
Nigeria Listed by EU as Priority Country for Intellectual Property Rights Concerns
-
Headline5 days ago
PDP NEC Meeting Postponed Again as Internal Crisis Deepens; Governors, BoT, and Saraki Panel to Meet
-
Headline5 days ago
Children’s Day 2025: President Tinubu Calls for National Unity Against Bullying, Reaffirms Child Welfare Priorities
-
Headline1 week ago
North-Central APC Forum Endorses Tinubu and Mutfwang, Adopts Green Cap Movement for 2027
-
Headline7 days ago
Internal Tensions Surface in ADC as It Becomes Platform for Anti-Tinubu Coalition
-
Headline6 days ago
UCL 2025/26: 27 Clubs Secured Qualification Spot Already (FULL LIST)
-
Headline1 week ago
Yahaya Bello Refutes 2027 Presidential Bid Rumors, Endorses Tinubu