Economy
Nigeria Naira Appreciates in the Parallel Market….Checkout Current Value
The greenback has continued to recover in the parallel market as the Central Bank of Nigeria continues to pump foreign exchange into the local market.
The Nigeria naira yesterday appreciated further to N364 per dollar in the parallel trade showcase because of frail interest for dollar.
Naijcrackgist survey revealed that the parallel market exchange rate fell for the second consecutive day to N364 per dollar yesterday from N365 per dollar on Tuesday. This translated to N1 appreciation for the naira.
Similarly the naira appreciated by 90 kobo in the Investors and Exporters (I&E) window, as the indicative exchange rate dropped to N368.6 per dollar yesterday from N369.5 per dollar on Tuesday.
Data by the Financial Market Dealers Quote (FMDQ) showed that the volume of transactions dropped by 58 per cent to $75.32 million from N182.3 million on Tuesday.
Follow us on social media:
“The quality of a woman isn’t measured by the hair on her head but by her brain” – Yul Edochie cautions ladies against killing themselves over expensive hair this Christmas
President Tinubu cancels Lagos engagements in honor of food stampede victims
Moment stage collapses on Odumodublvck during concert performance (Video)
Goods worth millions of naira destroyed as fire guts spare parts market in Ibadan
“The money wey dem pay me don expire” – Moment Burna Boy stops his performance at the Oando PLC end of the year party (Video)
Goods worth millions of naira destroyed as fire guts spare parts market in Ibadan
Moment stage collapses on Odumodublvck during concert performance (Video)
President Tinubu cancels Lagos engagements in honor of food stampede victims
-
Celebrity Gossip & Gist2 days agoMoment stage collapses on Odumodublvck during concert performance (Video)
-
Economy2 days agoPresident Tinubu cancels Lagos engagements in honor of food stampede victims
-
Celebrity Gossip & Gist2 days ago“The quality of a woman isn’t measured by the hair on her head but by her brain” – Yul Edochie cautions ladies against killing themselves over expensive hair this Christmas