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Naira Appreciates To N1,518/$ In Parallel Market

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Naira Appreciates To N1,518/$ In Parallel Market

The Naira yesterday appreciated N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,493.2 per dollar from N1,491.4 per dollar on Monday, indicating N1.8...

We’re Working Hard To Ensure Free Fall Of Naira Stops, Emefiele Vows

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With an escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has assured that it would continue to make deliberate efforts in the foreign exchange sector to avert further downward slide in...

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