Got a tip? Call (777) 625-7647
Subscribe
Search
More
    HomeBusinessNaira Falls to N1,380 per Dollar in Parallel Market

    Naira Falls to N1,380 per Dollar in Parallel Market

    Business

    Published on

    Dailynewscraft

    The Naira yesterday depreciated to N1,380 per dollar in the parallel market from N1,376 per dollar on Tuesday.

    However, the naira appreciated for the first time in over two weeks to N1,382.65 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 naira fell to N1,382.65 per dollar from N1,390 per dollar on Tuesday, reflecting N7.35 appreciation for the naira.

    Consequently, the margin between the parallel and official markets narrowed to N2.65 per dollar from N14 per dollar on Tuesday.

    Latest articles

    News

    IWG Expresses Concern Over Increasing Oil Pollution-Related Health Hazards In Bayelsa 

      A non-governmental organization, the International Working Group on Petroleum Pollution and Just Transition in...
    News

    DESOPADEC Tenure Extension: NUJ Calls On Board To Give Account of Past Three Years’ Stewardship

    The Nigeria Union of Journalists (NUJ), Ughelli Correspondents’ Chapel, has called on members of...
    Politics

    APGA affirms Hon. Danjuma Umaru Shiddi as governorship candidate for 2027 election in Taraba State

      By Nahum Sule, Jalingo   The affirmation was carried out during the party’s primary election and...
    Politics

    ‎Circulating court order on environmental levies ‘false, completely misinterpreted’ – FCTA

    ‎By Kenneth Madaki ‎ ‎The Federal Capital Territory Administration (FCTA) has dismissed reports claiming that a...

    More like this

    News

    IWG Expresses Concern Over Increasing Oil Pollution-Related Health Hazards In Bayelsa 

      A non-governmental organization, the International Working Group on Petroleum Pollution and Just Transition in...
    News

    DESOPADEC Tenure Extension: NUJ Calls On Board To Give Account of Past Three Years’ Stewardship

    The Nigeria Union of Journalists (NUJ), Ughelli Correspondents’ Chapel, has called on members of...
    Politics

    APGA affirms Hon. Danjuma Umaru Shiddi as governorship candidate for 2027 election in Taraba State

      By Nahum Sule, Jalingo   The affirmation was carried out during the party’s primary election and...

    MISSION STATEMENT
    To apply modern creative skills and techniques to provide efficient services to readers across the globe through a wide spread network of services, carefully crafted brilliant stories,features, analysis and investigations, under conducive working environment while posting delightful results to our shareholder

    VISION STATEMENT.
    To be a global media organisation of first choice for News, accurate information, public communication and enlightenment using a robust IT platform engineered by dedicated staff.

    Subscribe

    To get email updates from Today News.

    © Daily Newscraft 2022