Brands and Marketing
Naira Rises To N1,575/$ In Parallel Market
Naira Rises To N1,575/$ In Parallel Market
Yesterday, the Naira appreciated to N1, 575 per dollar in the parallel market from N1,585 per dollar on Monday.
Contrary to this development, the Naira depreciated to N1,535 per dollar in the Nigerian Foreign Exchange Market (NFEM).
According to Data gathered by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,535 per dollar from N1,533 per dollar on Monday, indicating N2 depreciation for the naira.
As a result, the margin between the parallel market and NFEM rate narrowed to N40 per dollar from N52 per dollar on Monday.
BREAKING: PSG Beats Inter Milan 5-0 To Secure First Ever Champions League Title
BREAKING: Gateway Games 2024 Marred by Fatal Road Accident – 20 Kano Athletes Dead
UPDATED: S’Eagles Ahmed Musa Marries Fourth Wife, Moriki
Rivers State Denies Julius Berger’s Alleged Project Withdrawal, Details Contract Payment Status
Man Overcome with Emotion Faints After Wife’s Triplets’ Birth in Lokoja
Osun PDP Chair Insists Adeleke’s Re-election Is Secure Despite Member Defections
Trump Offers Reassurance to Chinese Students Amid Visa Restrictions
Niger State Flood Disaster: Over 100 Dead, Dozens Still Missing After Torrential Rainfall
JUST IN: INEC Confirms Dates For Ekiti, Osun Governorship Polls
TRANSFER: Trent Arnold Officially Joins Real Madrid
-
Education1 week agoJudge Halts Trump’s Effort to Dismantle Education Department, Orders Reinstatement of Laid-Off Workers
-
Headline1 week agoFG to Sell Emefiele’s 753 Duplexes to Nigerians, Experts Question Affordability
-
Headline1 week agoNigeria Listed by EU as Priority Country for Intellectual Property Rights Concerns
-
Headline1 week agoAtiku, Obi Camps Agree on ADC as Coalition Platform to Challenge Tinubu in 2027
-
Headline5 days agoPDP NEC Meeting Postponed Again as Internal Crisis Deepens; Governors, BoT, and Saraki Panel to Meet
-
Headline1 week agoNorth-Central APC Forum Endorses Tinubu and Mutfwang, Adopts Green Cap Movement for 2027
-
Headline6 days agoUCL 2025/26: 27 Clubs Secured Qualification Spot Already (FULL LIST)
-
Headline5 days agoChildren’s Day 2025: President Tinubu Calls for National Unity Against Bullying, Reaffirms Child Welfare Priorities
-
Headline1 week agoFederal Government Files Defamation Suit Against Senator Natasha Akpoti-Uduaghan; Legal Team Vows to Present Evidence
-
Headline1 week agoYahaya Bello Refutes 2027 Presidential Bid Rumors, Endorses Tinubu