Economy
Naira Down To 360.75/$ At NAFEX
The Naira, yesterday, depreciated to N360.52 per dollar in the Investors and Exporters (I&E) Foreign Exchange, forex 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, dropped to N 360.75 per dollar, yesterday, from Friday’s rate which stood at N360.21 per dollar. This indicates a 54 kobo depreciation of the Naira.
Meanwhile, the volume of dollars traded in the I & E forex Window yesterday stood at $268. 18 million. Meanwhile, in the parallel market the naira rose to N364 per dollar from N363 per dollar exchanged last week Friday.
Meanwhile, the Central Bank of Nigeria (CBN), yesterday continued to maintain liquidity in the Forex market by injecting $195 million in the the Nigerian inter-bank foreign exchange market.
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
“I’m dropping my family surname, it has proven that I actually have no family” – BBNaija star Phyna reveals
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
-
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 ago“I’m dropping my family surname, it has proven that I actually have no family” – BBNaija star Phyna reveals
-
Celebrity Gossip & Gist1 day agoDiddy claims prosecutors showed judge edited Cassie video to make him look dangerous