Economy
Naira Depreciates In NAFEX
The naira, yesterday, depreciated for the first time this week to N360.46 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window.
Data from the Financial Market Dealers Quote, FMDQ, showed that the indicative exchange rate for the I & E Window, known as Nigerian Autonomous Foreign Exchange, NAFEX, rose to N360.46 per dollar, yesterday, from Tuesday’s closing market rate which stood at N360.07 per dollar. This translated to 39 kobo appreciation of the Naira. Meanwhile, the volume of dollars traded in the window stood at $257.56 million.
Conversely, the naira, in the parallel market, yesterday, recorded a marginal gain of N1, as Naira appreciated to N363 from N364 per dollar, which was the market closing rate for Tuesday
Follow us on social media:
“There’s hunger, however there’s huge” hope – Tinubu Lament
Nigerian man who passed away 10 years ago confesses he’s currently in Lagos, reveals big secret
Delta court begins hearing on alleged s3x trafficking of 15-year-old girl by mother
FG confirms arrest of Simon Ekpa by Finnish authorities
“Simon Ekpa is not our member” – IPOB stated
“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
-
Biafra1 day ago“Simon Ekpa is not our member” – IPOB stated
-
Celebrity Gossip & Gist1 day ago“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
-
Celebrity Gossip & Gist1 day agoDiddy claims prosecutors showed judge edited Cassie video to make him look dangerous
-
Celebrity Gossip & Gist1 day ago“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)