Brands and Marketing
Naira Depreciate To N1,660/$ In Parallel Market

Naira Depreciate To N1,660/$ In Parallel Market
Yesterday, the Naira declined in value, trading at N1,660 per dollar in the parallel market, a slight drop from N1,655 per dollar on Monday.
In contrast, it experienced an appreciation in the official foreign exchange market, where it rose to N1,549 per dollar from N1,550 per dollar earlier in the week, reflecting a one Naira gain.
As a result, the gap between the parallel market and the official Nigerian Foreign Exchange Market (NFEM) rates increased, widening from N105 per dollar to N111 per dollar since Monday.
-
Headline1 week ago
Japan Govt Denies Special Visa Scheme For Nigerians In Kisarazu
-
Entertainment1 week ago
Nigerian Streamer, Peller Allegedly Kidnapped By Gunmen While On Livestream
-
Brands and Marketing1 week ago
Naira Falls Against US Dollar, Gap Widens Between Markets
-
Crime1 week ago
Equatorial Guinea Jails Ex-official Baltasar Engonga
-
Headline5 days ago
UEFA Confirms 2025/26 Champions League Dates and Kick-Off Times
-
Headline1 week ago
JUST IN: Brawl Erupts in Mexican Senate Over U.S. Military Intervention Claims
-
Headline6 days ago
Fenerbahçe Sack José Mourinho After Champions League Exit
-
Headline6 days ago
Harris Left Without Secret Service Protection As Trump Tightens Grip
-
Headline1 week ago
‘Oral Sex Not Sin’ – Apostle Johnson Suleman Sparks Reaction
-
Headline1 week ago
Why Abuja-Kaduna Train Derails Near Jere Station