Brands and Marketing
UPDATED: Naira Falls Against Dollar In parallel Market
UPDATED: Naira Falls Against Dollar In parallel Market
The naira weakened in the parallel market yesterday, falling to N1,585 per dollar from N1,570 on Monday.
However, in the Nigerian Foreign Exchange Market (NFEM), the naira strengthened, appreciating to N1,527 per dollar.
According to data released by the Central Bank of Nigeria (CBN), the official exchange rate improved from N1,532 per dollar on Monday to N1,527 per dollar, marking a N5 gain for the naira.
As a result, the gap between the parallel market and the NFEM rate widened to N58 per dollar, up from N38 the previous day.
Russia Will Keep Fighting In Ukraine If Peace Talks Fail— Putin Warns
FULL LIST: Subjects In New School Curriculum For SSS, JSS Levels Released
BREAKING: FG Declares Sept 5 Public Holiday For Eid-ul-Mawlid
Moscow Open To Ukraine’s EU Bid— President Putin Confirms
“Leave Or Be Removed”: UK Issues New Warnings To Foreign Students
GWR: Record Holder Hilda Baci Sets Sights On World’s Biggest Jollof Pot— Date, Time Confirmed
TRANSFER RECORD: Premier League Clubs Hit £3 Billion Spending
TRANSFER: Donnarumma Set For Man City Move As Akanji Nears Inter Milan Switch
BREAKING: Finland Court Jails IPOB Exile Leader, Simon Ekpa
Putin Meets, Commends Turkey’s President Erdogan Effort On Ukraine War
-
Entertainment1 week agoNaira Marley Bullied My Son – Mohbad’s Father
-
Entertainment1 week agoJUST IN: Priscilla Ojo, Juma Jux Welcome First Child In Canada
-
Headline1 week agoJapan Govt Denies Special Visa Scheme For Nigerians In Kisarazu
-
Headline1 week agoJUST IN: President Tinubu Arrives Brazil For State Visit
-
Entertainment6 days agoNigerian Streamer, Peller Allegedly Kidnapped By Gunmen While On Livestream
-
Education1 week agoFG Shuts Down 22 Illegal Colleges Of Education— NCCE Confirms
-
Brands and Marketing1 week agoNaira Falls Against US Dollar, Gap Widens Between Markets
-
Crime1 week agoEquatorial Guinea Jails Ex-official Baltasar Engonga
-
Headline1 week agoWhy Boniface Orders Fabrizio Romano To Take Down Failed Milan Transfer Report
-
Headline6 days agoJUST IN: Brawl Erupts in Mexican Senate Over U.S. Military Intervention Claims