Business
Naira drops value, sells at N1,340/$ in parallel market
The Naira on Monday dropped in value to sell at N1,340 per dollar in the parallel market.
Recall that the Naira was sold at N1,300 per dollar on Friday.
Similarly, the Naira depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,419.11 per dollar.
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,419.11 per dollar from N1,339.23 per dollar last weekend, indicating N79.88 depreciation for the naira.
Consequently, the margin between the parallel market and NAFEM rates widened to N79.11 per dollar from N39.23 per dollar last week Friday.
Atiku, Peter Obi, El-Rufai set to adopts new party
Road Safety International Film Festival set for debut – FRSC
NCoS unveils faces of fleeing inmates, places N5m cash reward for info
Timilehin Ajayi seen praying in court during murder trial
FCT natives protest over exclusion from NCDC
Osimhen, Lookman absent as Chelle announces Super Eagles squad
Rudi Garcia announces squad for World Cup qualifiers
CDS leads delegation to Cameroon 53rd independence
JAMB to conduct mop-up exam for candidates who missed 2025 UTME
Real Madrid eye Athletic Nico Williams
-
Crime and Law2 days agoImo community decries killings, seeks urgent government action
-
Sports2 days agoPep Guardiola speaks on Manchester City Champions League qualification
-
Sports2 days agoAncelotti’s possible Brazil squad leaked
-
Politics1 day agoAbia: Why Tinubu should shun Alex Otti’s invitation to commission one project – Orji
-
Crime and Law1 day agoTerrorists storm church, kidnap female worshippers in Kebbi
-
Metro News1 day agoMassive protest begins in Ibadan over police stray bullet killing WAEC candidate
-
National News1 day ago
Tinubu removes top govt official, appoints replacement
-
Politics2 days agoWhy PDP’s ghost is stronger than most political parties – Ikpeazu