Brands and Marketing
UPDATED: Naira Appreciates To N1,555/$ In Parallel Market
UPDATED: Naira Appreciates To N1,555/$ In Parallel Market
The Naira strengthened to N1,555 per dollar in the parallel market yesterday, up from N1,570 per dollar last week Friday.
However, the Naira weakened to N1,512 per dollar in the Nigerian Foreign Exchange Market (NFEM).
According to data released by the Central Bank of Nigeria (CBN), the indicative exchange rate for the Naira increased to N1,512 per dollar in NFEM from N1,511 per dollar last weekend, representing a depreciation of N1 for the Naira.
As it stands, the difference between the parallel market and NFEM rate narrowed to N43 per dollar from N59 per dollar last week Friday.
House Reps Pledge to Address UTME Logistical Challenges
Friday Night Disaster: Windstorm Leaves Trail of Destruction in Nasarawa
EFCC Criticizes $18,000 Mentorship Scheme by Motivational Speaker Amid Public Debate
Ex-Deputy Speaker Stanley-Uwom Sues to Halt Funding of Rivers LGs Under Sole Administrator Ibas
MTN Announces Cyber Attack, Assures Customers Swift Operation
Senate President Akpabio to Represent Nigeria at Pope Francis’ Funeral in Vatican
PDP Insider Segun Adewale Endorses Atiku Abubakar, Criticizes Party Factions
Atedo Peterside Challenges Rivers Sole Administrator Over Appointments
PDP’s Umar Damagum Frames 2027 Election as Tinubu vs Nigerians
Nigerian Afrobeats Stars Nominated for 2025 AMAs as Jennifer Lopez Returns as Host
-
Brands and Marketing1 week agoNaira Falls To N1,620/$ In Parallel Market
-
Headline1 week agoUCL: Semi-Final Fixtures Confirmed After Quarter-Final Drama
-
Headline5 days agoBREAKING: Pope Francis is dead
-
Headline1 week agoTrump Administration Eyes Major Embassy Closures in Africa
-
Headline1 week agoPeter Mbah Pledges to Immortalise Christian Chukwu, Comforts Grieving Family
-
Headline1 week agoPolice Identify Officers in Viral Video Taking Cash from Chinese, Launch Disciplinary Measures
-
Headline5 days agoBREAKING: NASS Postpones Resumption Date, Announces New Date
-
Headline4 days agoLawal: Buhari’s Support Not Required — CPC Loyalists Poised Against Tinubu
-
Headline1 week agoLagos Taskforce Cracks Down on Drug Peddling in Gowon Estate and Egbeda
-
Headline6 days agoLagos Hotelier Passes Away During Wife’s 60th Birthday Thanksgiving Service