Naira gains, exchanges at 1,500/$ in parallel market
The Naira yesterday appreciated in the parallel market to N1,500 per dollar from N1,505 per dollar on Monday. The Naira depreciated to N1,500.79 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,500.79 per dollar from N1,490.2 per dollar on Monday, indicating N10.59 depreciation for the …