Business
Again! Naira appreciates to N1,660/$ in parallel market
Naira, Monday appreciated to N1,660 per dollar in the parallel market from N1,662 per dollar last weekend.
However, the Naira depreciated to N1,550 per dollar in the official foreign exchange market.
Why we abandoned our respective businesses to take up keke riding — Mr & Mrs Akinbo0:00 / 0:00
Data from the Daily Nigerian Foreign Exchange Market (NFEM) published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,550 per dollar from N1,540 per dollar last weekend, indicating N10 depreciation for the naira.
Data from FMDQ showed that the indicative exchange rate depreciated to N1,545.1 per dollar from N1,533 per dollar last week Friday.
Consequently, the margin between the parallel market and NFEM rate narrowed to N110 per dollar from N122 per dollar last week Friday.
Breaking: Al-makura, Masari, Bulama, 20 other CPC founding members back Tinubu, dump El-Rufai, others
Defamation: Arrest Natasha now, Yahaya Bello petitions Police IG, Egbetokun
2027: My father must avoid becoming PDP’s scapegoat – Gov’s son
Nigeria: Tinubu’s government will end insecurity -Idris
Arteta hopes for better Arsenal at Santiago
NSCDC assures NYSC of security of facilities, Corps members nationwide
FG, states, LGCs share N1.578 trillion in March 2025 FAAC allocation
Kidnapped pastor regains freedom
Rivers: Reps panel holds first meeting, summons sole administrator
Breaking: Again, Dangote Refinery slashes petrol price
Tinubu replies corps member who called him ‘terrible president’
Breaking: Diplomatic row as Chinese company orders Immigration officer shot in Nigeria
NCoS mourns officer killed in Koton-Karfe prison escape incident
Tinubu appoints 20 APC state chairpersons as heads of federal boards (full list)
Anambra: Moghalu emerges LP candidate as opponent steps
2025 Mock UTME: JAMB announces fresh date
Breaking: FG declares March 31, April 1 public holidays to mark Eid-el-Fitr
Breaking: Tinubu approves tenure extension for Immigration CG, Nandap
NYSC DG assures payment of N77,000 allowance to corps members
Breaking: APC shuts national secretariat over death of kidnapped director
-
National News1 day agoBreaking: FG declares April 18, 21 public holidays for Easter celebration
-
Politics1 day agoApathy: Nigeria may witness voter blackout in 2027, varsity don warns
-
Politics1 day agoBreaking: Kwankwaso making moves to join APC, Ganduje reveals
-
Politics1 day agoRivers: Always report to National Assembly- Abbas tells Ibas
-
Politics2 days agoDele Momodu accuses PDP governors of working for Tinubu
-
National News1 day agoBuni sponsors 127 students to Law School
-
Sports2 days agoUCL: Lewandowski aims to inflict more pain on Dortmund
-
Business2 days agoCBEX office looted in Ibadan following alleged ponzi scheme crash