
NAIRA DEPRECIATES TO N1,250/$ IN PARALLEL MARKET
In the parallel market yesterday, the value of the Naira depreciated to N1,250 per dollar from N1,140 per dollar that it was on Thursday
In a similar vein, the value of the Naira dropped to N1,234.49 per dollar on the Nigerian Foreign Exchange Market (NAFEM).
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,234.49 per dollar from N1,169.99 per dollar last Friday, indicating N64.5 depreciation for the naira.
Consequently, the margin between the parallel market and NAFEM rates narrowed to N15.51 per dollar from N29.99 per dollar last weekend
More Stories
WORLD NEWS: NAMIBIA DISMISSES MINISTER ACCUSED OF RAPE
Namibia’s president has dismissed the southern African country’s agriculture minister, who Namibian media have reported is under investigation for alleged...
HOODLUMS ATTACK VIGILANTE OFFICE, SET VEHICLES ABLAZE IN ANAMBRA
Some yet-to-be-identified assailants have attacked the office of the vigilante operatives at Amesi, Aguata Local Government Area of Anambra State,...
BREAKING: REMO STARS CLINCH FIRST NPFL TITLE AFTER BEATING TORNADOES 1-0
Remo Stars have been crowned champions of the 2024/2025 Nigeria Premier Football League after a hard-fought 1-0 victory over Niger...
PRESIDENCY DISMISSES AUTHORITARIANISM CLAIMS, SAYS DEMOCRACY THRIVING UNDER TINUBU
The Presidency has rejected accusations that President Bola Tinubu’s administration is steering Nigeria towards authoritarianism, describing the claims as "baseless...
MAN CITY ADVANCES TO FA CUP FINAL AFTER BEATING N’FOREST 2-0
Manchester City have booked their place in the FA Cup final after a composed 2-0 victory over Nottingham Forest at...
BREAKING: LIVERPOOL WIN EPL TITLE AFTER 5-1 THRASHING OF TOTTENHAM AT ANFIELD
Liverpool have been crowned 2024/2025 Premier League champions after a stunning 5-1 victory over Tottenham Hotspur at Anfield on Sunday....