Brands and Marketing
UPDATED: Naira Appreciates N1,590/$ In Parallel Market
UPDATED: Naira Appreciates N1,590/$ In Parallel Market
Yesterday, the Naira appreciated in the parallel market, strengthening to N1,590 per dollar from N1,600 per dollar recorded last weekend.
However, in the Nigerian Foreign Exchange Market (NFEM), the Naira depreciated to N1,549 per dollar.
According to data from the Central Bank of Nigeria (CBN), the indicative exchange rate for the Naira rose to N1,549 per dollar, compared to N1,548 per dollar last Friday, reflecting a depreciation of N1.
As a result, the gap between the parallel market and the NFEM rate narrowed to N41 per dollar, down from N52 per dollar last weekend.
Sony Music Signs Famous Gospel Singer, Shola Allyson
FCT Police Commissioner Orders Halt to Bribery and Illegal Detentions
Nigeria Customs Service Alerts Public to Fake Recruitment and Auction Scams
Stranded Nigerians Appeal for Help Amid Israel-Iran Missile Strikes
Stevie Wonder Greatest R&B Artist Of All Time— Billboard Confirms
IPOB Calls Trial of Nnamdi Kanu a “Full-Blown Indictment” of Nigeria’s Judiciary
‘We’re Not Friends’ – Lionel Messi Clarifies Relationship With Ronaldo
Southern and Middle Belt Leaders Call on Tinubu to Address Nigeria’s Security Failures
U.S. President Trump Delays Iran Strike Decision
Women’s Asian Cup Qualifiers Relocated to Qatar Due to Middle East Conflict
-
Headline1 week agoOnly One Survives As 241 People Die In India Flight
-
Headline5 days agoJUST IN: Police Chief Kayode Egbetokun Arrives Benue, Orders More Tactical Teams Amid Rising Death Toll
-
Headline1 week agoCLUB W’CUP: Guardiola Releases Man City’s XI For Tournament [Full List]
-
Headline1 week agoDemocracy Day 2025: President Bola Tinubu Speaks at National Assembly
-
Headline5 days ago2027: APC North-East Crisis Over Tinubu-Shettima Ticket Reveals Party Divisions Ahead of Election
-
Headline1 week agoJUNE 12: Tinubu Denies Stopping Registration Of Mew Political Parties
-
Entertainment5 days agoBBNaija’s Star Angel Involved In Auto Crash (PHOTOS)
-
Headline1 week agoJUST IN: Liverpool Finalizes Record-Setting £116 Million Transfer for Florian Wirtz
-
Headline5 days agoEURO U-21: Four Teams Secure Quarter-finals Spot
-
Headline1 week agoDemocracy Day: Nationwide Protests Erupt as Tinubu Addresses Lawmakers