Breaking News
Naira Strengthens Slightly in Parallel Market
The Naira appreciated to N1,512 per dollar in the parallel market on Wednesday, gaining three naira from its previous rate of N1,515 per dollar on Tuesday.
In contrast, the local currency weakened in the Nigerian Foreign Exchange Market (NFEM), where it depreciated to N1,505 per dollar from N1,502 per dollar the day before, according to data from the Central Bank of Nigeria (CBN). This represents a three-naira drop in value.
As a result, the gap between the parallel market and NFEM rates narrowed to N7 per dollar, down from N13 per dollar on Tuesday.
-
Entertainment2 years agoAdanma Luke Appeals for Forgiveness over Junior Pope’s Death: “I’m Gradually Losing My Life, Please Forgive Me”
-
Security News2 years agoRivers: Tension as Gunmen on Speedboat Abduct Fubara, Police Launch Manhunt
-
Security News2 years agoSoldiers in South East Extort, Humiliate Us While Kidnappers Operate Freely Near Checkpoints, Igbo Women’s Group Alleges
-
Politics2 years agoRevealed: Ajuri Ngelale Fired Over Feud with Onanuga, Despite Medical Cover Story
-
General News2 years agoGov. Soludo Seals Peter Obi’s Campaign Office, Edozie Njoku-Led APGA State Office
-
Security News2 years agoEnugwu-Ukwu in Shock: Deadly Ambush Leaves Multiple Dead, Survivors in Fear
-
General News2 years agoVideo: Moment DSS Staff Erupt in Jubilation as News of Bichi’s Sack Announced
-
Breaking News2 years agoJUST IN: Presidential Adviser Ajuri Ngelale Steps Down Temporarily, Cites Reasons