Naira down to N1,400/$ in parallel market

The Naira depreciated to N1,400 per dollar in the parallel market as at Tuesday morning, June 16, down from N1,390 per dollar recorded last weekend.

 

 

 

However, the local currency saw gains in the official window, appreciating to N1,356 per dollar in the Nigerian Foreign Exchange Market (NFEM).

 

 

 

Data from the Central Bank of Nigeria (CBN) showed that the indicative exchange rate for the official market fell to N1,356 per dollar from N1,365.4 per dollar last weekend, indicating a N9.4 appreciation for the naira.

Related Posts

NOTIFICATION OF EXPULSION FROM MEMBERSHIP OF THE ALL PROGRESSIVES CONGRESS (APC), ENUGU STATE*

*PRESS RELEASE* The All Progressives Congress (APC), Enugu State Chapter under the leadership of Dr. Sir. Martin Chukwunweike (Ozoigbondu), hereby formally announces the automatic expulsion of Chief Emeka Silas Gregory…

Federal High Court Dismisses Applications Seeking Judge’s Withdrawal from ADC Case

A Federal High Court in Abuja has dismissed two separate applications seeking the withdrawal of Justice Peter Lifu from the suit challenging the leadership of the African Democratic Congress (ADC)…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

NOTIFICATION OF EXPULSION FROM MEMBERSHIP OF THE ALL PROGRESSIVES CONGRESS (APC), ENUGU STATE*

NOTIFICATION OF EXPULSION FROM MEMBERSHIP OF THE ALL PROGRESSIVES CONGRESS (APC), ENUGU STATE*

Federal High Court Dismisses Applications Seeking Judge’s Withdrawal from ADC Case

Federal High Court Dismisses Applications Seeking Judge’s Withdrawal from ADC Case

UK Appoints Peter Vowles as New High Commissioner to Nigeria

UK Appoints Peter Vowles as New High Commissioner to Nigeria

“FROM AWGU TO NATION-BUILDING: ENUGU FLAGS OFF NYSC 2026 WITH PROMISE OF SECURITY AND PROSPERITY”

“FROM AWGU TO NATION-BUILDING: ENUGU FLAGS OFF NYSC 2026 WITH PROMISE OF SECURITY AND PROSPERITY”

At least 28 killed as bus plunges into ravine in Ethiopia

At least 28 killed as bus plunges into ravine in Ethiopia

Iran manager calls team World Cup’s ‘most oppressed,’ after they were immediately sent back to Mexico after match in US

Iran manager calls team World Cup’s ‘most oppressed,’ after they were immediately sent back to Mexico after match in US