Nigeria —The Naira yesterday depreciated to N1,495 per dollar in the parallel market from N1,490 per dollar on Wednesday. Similarly, the Naira depreciated to N1,496 per dollar in the Nigerian Foreign Exchange Market (NFEM). According to data published by the Central Bank of Nigeria, CBN, the indicative exchange rate for the naira rose to N1,496…
The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,740 per dollar on wednesday. However, the Naira depreciated to N1,650.2 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ reveals that the indicative exchange rate for NAFEM rose to N1,650.2 per dollar from N1,645.4 per dollar on…
The Naira yesterday appreciated to N1,615 per dollar in the parallel market from N1,620 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,593.93 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.93 per dollar from N1,606.56 per dollar…
The naira depreciated marginally against the dollar at the official foreign exchange market. FMDQ data showed that naira depreciated slightly to N1476.95 on Tuesday from N1476.12 on Monday. This represents N0.83 loss against the dollar compared to the N1476.12 traded on Monday. Subsequently, the naira depreciated to N1500 against the dollar from N1475 recorded on…
