Naira appreciates to N1,320/$ in parallel market
Related Articles
-
Naira depreciates to N1,300/$ in official market
The Naira yesterday depreciated in the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar exceeding the parallel market rate by N45.15.
-
Senate Worried Over Fresh Naira Depreciation
Worried by another round of naria depreciation at the forex market, the Senate through its Committee on Finance, has called for concerted efforts by all relevant stakeholders to rescue and sustain its stability . In a statement issued on Sunday , the Chairman of the Committee, Senator Mohammed Sani Musa (APC Niger East), said there […]
-
Why Naira depreciated by 23% in 4 days — Currency dealers, analysts
A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the Naira, last week, to fall by 23 per cent against the dollar, thus recording the worst weekly performance of the Naira since February.