Naira rises to 1,585/$ in parallel market
The Naira yesterday appreciated to N1, 585 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,586.04 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,564.48 per dollar from N1,586.04 per dollar on Wednesday, indicating N21.56 …