Brands and Marketing
UPDATED: Naira Appreciates To N1,618/$ In Parallel Market
UPDATED: Naira Appreciates To N1,618/$ In Parallel Market
The naira strengthened in the parallel market yesterday, appreciating to N1,618 per dollar from N1,620 per dollar on Monday.
However, it weakened in the Nigerian Foreign Exchange Market (NFEM), falling to N1,604 per dollar.
According to data released by the Central Bank of Nigeria (CBN), the indicative exchange rate rose to N1,604 per dollar from N1,599 on Monday, reflecting a N5 depreciation.
As a result, the gap between the parallel market rate and the NFEM rate narrowed to N14 per dollar from N21 on Monday.
BREAKING: PSG’s Hakimi Faces 15 Years In Prison If Convicted For Rape
WOMEN’S AFROBASKET: D’Tigress Beat Cameroon, Advance To Semi Final
JUST IN: Tinubu Appoints Adeyemi Olumode As New Federal Fire Service Controller-general
2026 W’CUP: Date, Time, Venue For Group Stage Draw Announced
UPDATED: Naira Rises Against US Dollar In Parallel Market
Why 2025 Could Be Anthony Joshua’s Last Year In Boxing – His Shocking Hints
Super Falcons Arrive Abuja, Set For WAFCON Trophy Parade— See Venue, Time
JUST IN: SDP Expels El-Rufai, Hands Ex-Gov 30 Years Ban
WAFCON 2025: Super Falcons Stage Epic Comeback To Clinch A Recording-extending Title
WAFCON 2025: Tinubu Approves Full Bonuses For Super Falcons
-
Headline1 week agoMaduka Okoye Hit With Betting Ban — Out Until October
-
Headline6 days agoWAFCON 2025: Super Falcons Stage Epic Comeback To Clinch A Recording-extending Title
-
Headline5 days agoJUST IN: SDP Expels El-Rufai, Hands Ex-Gov 30 Years Ban
-
Headline1 week agoBREAKING: Wrestling Legend Hulk Hogan is dead
-
Headline5 days agoSuper Falcons Arrive Abuja, Set For WAFCON Trophy Parade— See Venue, Time
-
Headline4 days agoWhy 2025 Could Be Anthony Joshua’s Last Year In Boxing – His Shocking Hints
-
Brands and Marketing4 days agoUPDATED: Naira Rises Against US Dollar In Parallel Market
-
Headline1 week agoWAFCON 2025: Tinubu Approves Full Bonuses For Super Falcons
-
Headline3 days ago2026 W’CUP: Date, Time, Venue For Group Stage Draw Announced
-
Headline3 days agoJUST IN: Tinubu Appoints Adeyemi Olumode As New Federal Fire Service Controller-general