Brands and Marketing
Naira Falls Against Dollar At NFEM, Rises In Parallel Market
Naira Falls Against Dollar At NFEM, Rises In Parallel Market
Yesterday, the naira appreciated slightly in the parallel market, trading at N1,530 per dollar, compared to N1,535 per dollar recorded last Thursday.
However, at the Nigerian Foreign Exchange Market (NFEM), the currency weakened further, slipping to N1,513 per dollar, a new low.
According to the data released by the Central Bank of Nigeria (CBN), it showed the official exchange rate declined to N1,513 per dollar from N1,511.5 per dollar a week earlier, reflecting a N1.5 depreciation.
As a result, the gap between the parallel market rate and the NFEM rate narrowed to N17 per dollar, down from N23.5 per dollar last Thursday.
Lamine Yamal Doubtful For El Clasico— Barcelona Manager Hansi Flick
2026 W’CUP: FIFA Releases Trionda, The Official Ball For The Tournament
I’ll Step Down If A Younger Aspirant Wins ADC Presidential Ticket — Atiku Vows
JUST IN: Abuja-Kaduna Train Service Set To Resume Work— NRC
‘Why I Dropped Otedola As My Surname’ – Temi Ajibade Reveals
PENGASSAN Ends Strike, Cautions Dangote On Agreement— See New Deal
UCL: See Full Table After Match Day 2 (PHOTO)
UPDATED: See Dollar To Naira Exchange Rate Today
NIGERIA @65: President Tinubu’s Independence Anniversary Speech (Full Texts)
Spanish Super Cup Semi-final Draw Confirmed [Full fixtures]
-
Headline1 week agoCARABAO CUP: How Fourth Round Draw Stand [Full Fixtures]
-
Brands and Marketing1 week agoNaira Rises Against Dollar In Parallel Market— Reports
-
Headline1 week agoSergio Busquets Sets To Hang Boot, Announces Retirement Date
-
Entertainment1 week agoSpotify Names Ayra Starr No.1 Female Afrobeats Star, See Full Top 5 List
-
Headline1 week agoBREAKING: Flood Wiped Kogi LG, SEMA Orders Residents To Relocate
-
Headline1 week agoPresident Tinubu Departs Aso Rock For Olubadan Installation
-
Headline6 days agoBREAKING: PENGASSAN To Declare Nationwide Strike, See Date
-
Headline6 days agoMan United Draw Up 3-Man Shortlist As Ruben Amorim Faces Sack
-
Entertainment5 days agoBBNaija: See Housemates Evicted Last Night
-
Headline5 days agoJUST IN: FG Govt Declares Oct 1 Public Holiday, See What To Expect